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Bill · 119th Congress · HR 5778

Improving SBA Engagement on Employee Ownership Act

Refreshed 3 h ago

Introduced 2025-10-17Topic: economy jobs · labor

Summary

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This bill would require the head of the Small Business Administration (SBA), or someone they designate, to attend working groups, meetings, and other events about cooperatives or employee-owned businesses that are hosted by other federal agencies, if the SBA is invited or has worked with that group before. It would expand existing SBA outreach about employee ownership under the Small Business Investment Company program to also reach the investors and limited partners of those companies. It would also require the SBA, within 180 days, to carry out certain existing outreach and assistance duties through its Small Business Employee Ownership and Cooperatives Promotion Program.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2025-12-17HousePlaced on the Union Calendar, Calendar No. 358.
2025-12-17HouseReported by the Committee on Small Business. H. Rept. 119-412.report
2025-12-17Reported by the Committee on Small Business. H. Rept. 119-412.report
2025-11-18HouseOrdered to be Reported by the Yeas and Nays: 27 - 0.refer
2025-11-18HouseCommittee Consideration and Mark-up Session Heldrefer
2025-10-17HouseReferred to the House Committee on Small Business.refer
2025-10-17Introduced in Houseintroduce
2025-10-17Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-11. Provisions and opinion polling arrive in a later release.