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Congress·Reported·3 months ago

More SBA Support and Education for Employee-Owned Businesses

Also known as: Improving SBA Engagement on Employee Ownership Act

Legislative Progress

✓ Filed
Review
House
Senate
President

Key Points

  • The bill tells the Small Business Administration to be more active in meetings about worker-owned businesses, like co-ops and employee stock plans.
  • SBA leaders or their staff would have to show up at federal meetings about employee ownership when invited, so workers and owners get better guidance.
  • It expands outreach so that not only small business funds, but also their investors and partners, learn how to support employee-owned companies.
  • The SBA must use its existing employee ownership promotion program to give more help and information within about 6 months.
  • For regular workers, this could make it easier to buy their company, keep jobs local, and share in profits if their boss wants to sell or retire.
Small BusinessLabor EmploymentEconomy

Milestones

6 milestones8 actions
Dec 17, 2025House

Placed on the Union Calendar, Calendar No. 358.

Dec 17, 2025House

Reported by the Committee on Small Business. H. Rept. 119-412.

Dec 17, 2025

Reported by the Committee on Small Business. H. Rept. 119-412.

Nov 18, 2025House

Ordered to be Reported by the Yeas and Nays: 27 - 0.

Nov 18, 2025House

Committee Consideration and Mark-up Session Held

Source Information

Document Type

Congressional Bill

Official Title

Improving SBA Engagement on Employee Ownership Act

Bill NumberHR 5778
Congress119th Congress
ChamberHouse of Representatives
Latest ActionPlaced on the Union Calendar, Calendar No. 358.

Sponsor

Cosponsors

(5)
D: 3R: 2

Analysis generated by AI. While we strive for accuracy, this should not be considered legal or professional advice. Always verify information with official government sources.