A Bill to 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.
House of Commons
1 November 2023
This bill would set up a new employee share ownership scheme that gives preferential access to lower‑paid workers. It would also reduce the holding period for the existing Share Incentive Plan from five years to three years, and require companies to report in their annual accounts on which share schemes they run and how many employees participate. The measures aim to boost employee ownership and engagement and cover related provisions.
The bill has been introduced in the House of Commons and is at the first reading stage; no further parliamentary stages have yet occurred.
Generated 21 February 2026
The 2022-2023 session of Parliament has prorogued and this Bill will make no further progress.
No recorded votes for this bill yet.
