Michigan HR362: A resolution to declare October 2026 as Employee Ownership Month in the state of Michigan.

What the bill says

A resolution to declare October 2026 as Employee Ownership Month in the state of Michigan.

From the enrolled text, September 23, 2026:

A resolution to declare October 2026 as Employee Ownership Month in the state of Michigan. Whereas, Employee Stock Ownership Plans, commonly known as ESOPs, provide employees with an opportunity to own stock in the companies where they work and to participate in the success of those businesses; and Whereas, Employee Stock Ownership Plans have been established by thousands of businesses throughout the United States and provide an important form of employee ownership for millions of American workers; and Whereas, Employee-owned businesses contribute to the strength and stability of local communities by providing opportunities for employees to build long-term financial assets through ownership in their companies; and Whereas, Employee ownership can provide benefits to both businesses and their employees, including opportunities for employee participation, workforce development, and long-term financial planning; and Whereas, Employee-owned companies contribute to Michigan's economy by creating and retaining jobs and supporting businesses and communities throughout the state; and Whereas, Employee ownership provides an opportunity for employees to share in the success of the businesses to which they contribute their time, skills, and dedication; and Whereas, The success of employee-owned businesses in Michigan and throughout the nation merits recognition and provides an opportunity to highlight the contributions of employee owners, business owners, and employees to our state's economy; now, therefore, be it Resolved by the House of Representatives, …

Read the full official text

Sponsors

• Glanville, Carol (D, 84) · primary sponsor
• Breen, Kelly (D, 21)
• Fox, Joseph (R, 101)
• Hoskins, Jason (D, 18)
• MacDonell, Sharon (D, 56)
• Paiz, Veronica (D, 10)
• Rheingans, Carrie (D, 47)
• Rogers, Julie (D, 41)
• Skaggs, Phil (D, 80)

Latest actions

1. September 23, 2026: adopted
2. September 23, 2026: introduced by Representative Rep. Carol Glanville

Common questions

What is HR362?

HR362 is a bill in the Michigan Legislature (103rd Legislature): A resolution to declare October 2026 as Employee Ownership Month in the state of Michigan.

What does HR362 do?

In its own words: A resolution to declare October 2026 as Employee Ownership Month in the state of Michigan.

What is the status of HR362?

Passed both chambers as of September 23, 2026. Latest action: adopted (September 23, 2026).

Who sponsored HR362?

Glanville, Carol (D, 84), with 8 co-sponsors.

Where is the official record for HR362?

On the Michigan Legislature website: https://www.legislature.mi.gov/Bills/Bill?ObjectName=2026-HR-0362