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Law, Accounting & Taxes

Proposed FABRIC Act seeks to boost garment-workers’ rights

U.S. Senator Kirsten Gillibrand (D–N.Y.) on Sept. 14 announced the re-introduction of her labor bill, the Fashioning Accountability and Building Real Institutional Change (FABRIC) Act.  The FABRIC Act would protect nearly 100,000 American garment workers and help “revitalize” the garment industry in the U.S. by improving working conditions and reforming the piece-rate pay scale, Gillibrand’s

VIEWPOINT: New NYS Labor Law Shines Light on Employee-Driven Innovation

On Sept. 15, 2023, New York State Gov. Kathy Hochul signed an amendment to a New York Labor Law that would invalidate certain intellectual-property provisions in employment agreements, effective immediately. Under this amendment, Section 203-f, any provision in an employment agreement that requires employees to assign the rights to inventions to their employer will now

Tenney pushes bill to help tiny firms to offer retirement plans

It’s a proposal to incentivize micro-businesses with fewer than 10 employees to adopt retirement plans, helping more workers save for retirement. U.S. Representative Claudia Tenney (R–Canandaigua) on Oct. 23 introduced the Retirement Investment in Small Employers Act (RISE Act), along with Rep. Dan Kildee (D–MI). Background As Tenney’s office explained it, the SECURE 2.0 Act

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