Washington adopts new program to help businesses become employee-owned

Washington lawmakers want to make it easier to form businesses without bosses.

They passed a bill Wednesday that provides support and resources for companies seeking to become employee-owned.

A few different ownership structures are covered by the legislation. Companies can become co-ops — in which workers have an equal ownership stake and make decisions collectively — or they can create employee stock ownership plans.

Read more on KUOW.org

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