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Labor Management Reporting and Disclosure Act; Long title: An act to provide for the reporting and disclosure of certain financial transactions and administrative practices of labor organizations and employers, to prevent abuses in the administration of trusteeships by labor organizations, to provide standards with respect to the election of officers of labor organizations, and for other purposes.
Form LM-2, along with several other forms, was developed by the OLMS to fulfill the Labor Management Reporting and Disclosure Act of 1959 reporting requirements. [2] In 2002, the OLMS rewrote parts of LM-2 in an effort to increase transparency. [3] Since 2005, all organizations have been required to file the form electronically. [4]
The scandals uncovered by the Select Committee led directly to passage of the Labor-Management Reporting and Disclosure Act (also known as the Landrum-Griffin Act) in 1959. Calls for legislation and drafts of bills began circulating in the Senate as early as May 1957.
OLMS administers and enforces most provisions of the Labor-Management Reporting and Disclosure Act of 1959 (LMRDA).The LMRDA was enacted primarily to ensure basic standards of democracy and fiscal responsibility in labor organizations which represent employees in private industry.
The Taft–Hartley Act of 1947 regulated how members can join a union, and the Labor Management Reporting and Disclosure Act of 1959 created a "bill of rights" for union members. Richard Trumka was the late president of the AFL–CIO , a federation of unions, with 12.5m members.
The Labor Management Relations Act, 1947, better known as the Taft–Hartley Act, is a United States federal law that restricts the activities and power of labor unions. It was enacted by the 80th United States Congress over the veto of President Harry S. Truman , becoming law on June 23, 1947.
The Protecting the Right to Organize Act, also known as the PRO Act, [1] [2] follows a series of past legislation passed by Congress concerning labor rights. A number of landmark bills were passed during the New Deal period, including the Fair Labor Standards Act of 1938, which President Franklin D. Roosevelt considered one of the most important Acts of Congress at the time.
Labor Disputes; Mediation and Injunctive Relief; Chapter 6. Jurisdiction of Courts in Matters Affecting Employer and Employee; Chapter 7: Labor-Management Relations; Chapter 8. Fair Labor Standards; Chapter 9. Portal-To-Portal Pay; Chapter 10. Disclosure of Welfare and Pension Plans (Repealed) Chapter 11. Labor-Management Reporting and ...