Source: SCV News
Date: 03/25/2026 3:51pm

Article Summary:
Sen. Valladares Unveils Legislative Package to Boost Worker Ownership and Strengthen California Trade Competitiveness
State Sen. Suzette Martinez Valladares has introduced a two-bill legislative package aimed at boosting economic opportunity in California by expanding employee ownership and strengthening the state’s role in global trade. One measure would give bidding advantages to construction firms with employee stock ownership plans on Caltrans projects, while the other would align California’s tax code with federal maritime policy to support U.S.-flag shipping companies. Valladares said the proposals are designed to promote wealth-building for workers, improve supply chain resilience, and enhance the state’s competitiveness.

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