HB 7964 Rhode Island House · 2026 Regular Session

AN ACT RELATING TO LABOR AND LABOR RELATIONS -- THE RHODE ISLAND OPPORTUNITY FOR EMPLOYEE OWNERSHIP ACT

Summary
Establishes an opportunity for employee ownership where the owner notifies all current full-time and part-time employees and provides them with a 30-day window in which to initiate a process to potentially purchase the business as a workers' cooperative.
Bill status died 1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 27, 2026 Last action Mar 30, 2026
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Mar 30, 2026
Committee
03/30/2026 Committee recommended measure be held for further study
legislature
Feb 27, 2026
Introduced
02/27/2026 Introduced, referred to House Labor
lower
10 primary · 0 co-sponsors

Sponsors