Valuing Employee Stock Today Act

The proposed amendment to the Fair Labor Standards Act falls within Congress's enumerated power to regulate Commerce among the several States, as employer equity in the form of compensation affects the terms and conditions of labor in enterprises engaged in interstate commerce. Such regulation promotes uniformity in commercial relations, preventing the disunion and rivalry that would arise from disparate state regulations on labor compensation. The necessary and proper means to execute this power include protections for workers' access to such equity, ensuring the free flow of commerce without…

The proposed amendment to the Fair Labor Standards Act seeks to impose federal regulation upon the private arrangements between employers and workers regarding equity, a matter of contract and property not enumerated among the powers granted to Congress. Such interference exceeds the limited authority of the federal government, which is confined to those objects expressly delegated, leaving all else to the States or the people. The freedom to contract and dispose of one's property as one sees fit is a fundamental principle of liberty, not subject to federal dictation in this manner.

The proposed amendment to regulate worker access to employer equity falls outside the enumerated powers of Congress, as it pertains to the internal regulation of labor compensation within enterprises, which is a matter reserved to the States under principles of federalism. While the Commerce Clause authorizes regulation of commerce among the several States, it does not extend to dictating the terms of private equity distribution between employers and workers, absent direct interstate commercial intercourse. Such legislation risks enlarging federal authority beyond its defined limits, encroachi…

The proposed amendment to the Fair Labor Standards Act falls within the enumerated power of Congress to regulate Commerce among the several States, as employment relations and compensation structures, including equity interests, form part of the channels and instrumentalities of interstate commerce. This measure is also a means plainly adapted to a legitimate end within Congress's authority, namely the regulation of labor conditions affecting commerce, under the necessary and proper clause. Judicial review affirms that acts of Congress comporting with the Constitution must stand, while the sup…