DemocratBill · H.R. 5778· House(119-HR-5778)

Improving SBA Engagement on Employee Ownership Act

Rep. McIver
Age: 40 years
New Jersey
Introduced
10/17/2025
Last activity
12/17/2025 — Placed on the Union Calendar, Calendar No. 358.
Sponsored by
LaMonica McIver
Cosponsors
Democrat - 3Republican - 2
Commerce
  1. Introduced
  2. On Calendar

What this bill would do

This bill, titled the "Improving SBA Engagement on Employee Ownership Act," directs the Administrator of the Small Business Administration to improve outreach and education regarding employee ownership. It requires the Administrator or a designee to participate in working groups and meetings hosted by other Federal agencies regarding cooperatives or employee ownership if invited or previously engaged. The bill also amends the outreach requirements for the Small Business Investment Company Program to include investors and limited partners. Finally, it mandates that the Administrator carry out specific outreach and assistance requirements through the Small Business Employee Ownership and Cooperatives Promotion Program within 180 days of enactment.

Yes· 3 of 8

  • Does this make it easier to run a small business?+5

    The bill mandates improved SBA outreach and assistance specifically regarding employee ownership and cooperatives.

  • Would business owners be better off under this?+4

    The bill provides more structured SBA outreach and assistance for those interested in cooperative or employee-owned business models.

  • Is this likely to grow the economy?+3

    By expanding outreach for employee ownership and cooperatives, the bill aims to diversify and strengthen business ownership models.

The opposite

No question was scored the opposite.