Employee Share Ownership (Reform) Bill 2022-23
make provision for a new employee share ownership scheme allowing preferential access for lower income workers; to reduce the Share Incentive Plan holding period from five to three years; to require companies to include declarations in annual reports about the type of employee sharer ownership plans that are operated and the level of employee take up; and for connected purposes.
Private Members' Bill (under the Ten Minute Rule)
The Employee Share Ownership (Reform) Bill was a Ten Minute Rule Bill tabled by George Howarth.
Is this Bill currently before Parliament?No. This Bill is not under active consideration by Parliament, as it was introduced during the previous 2022-23 Session.
Whose idea is this Bill?As a Private Members' Bill, this Bill represents the individual initiative of an MP (George Howarth), not the Government.
What type of Bill is this?A Ten Minute Rule Bill is a process of tabling a bill, where an MP has 10 minutes to advocate for their legislation to the Commons and the Minister responsible.
So is this going to become a law?No. This Bill did not complete it's passage before the Session completed and is no longer before Parliament. However, it may have been re-introduced under a similar name in a subsequent Session.
Would you like to know more?See these Glossary articles for more information: Ten Minute Rule Bill, Private Members Bill, Process of a Bill
Official Bill Page All Bill Debates
Next Event: There is no future stage currently scheduled for this bill
Last Event: Tuesday 8th November 2022 - 1st reading (Commons)
Bill Progession through Parliament