HR5778119th CongressWALLET

Improving SBA Engagement on Employee Ownership Act

Sponsored By: Representative McIver

In Committee

Summary

Boosts SBA outreach and education to support employee ownership and cooperatives. This bill would direct the Small Business Administration to expand outreach and education about employee ownership and cooperatives and to participate in relevant federal engagements when invited or when the SBA already has a prior relationship.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

More outreach to small business investors

If enacted, SBA outreach would also target investors and limited partners in Small Business Investment Companies. This would start upon enactment. Investors could get more information and engagement from the SBA. The bill does not specify new funding or tax changes.

More SBA help on employee ownership

If enacted, SBA leaders would have to attend federal meetings on cooperatives and employee ownership when invited or previously involved. The meeting rule would start upon enactment. The SBA would also use its Employee Ownership and Cooperatives Promotion Program. It would carry out a 2019 outreach law within 180 days. Small businesses exploring employee ownership, and their workers, could get more guidance. The bill does not specify new funding or tax changes.

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Sponsors & CoSponsors

Sponsor

McIver

NJ • D

Cosponsors

  • Bresnahan

    PA • R

    Sponsored 10/17/2025

  • Velazquez

    NY • D

    Sponsored 10/17/2025

  • Fitzpatrick

    PA • R

    Sponsored 11/12/2025

  • Cisneros

    CA • D

    Sponsored 11/17/2025

  • Goodlander

    NH • D

    Sponsored 11/18/2025

Roll Call Votes

No roll call votes available for this bill.

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