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Bill115th CongressFiled Jul 12, 2017Commerce
S. 1538

Small Business Employee Ownership Promotion Enhancement Act of 2018

Bill journey · stage 1 of 5

Just introduced

Filed
Comm.
Floor
Both
Law

What it doesSummary reported to senate with amendment(s) (Mar 19, 2018)

Small Business Employee Ownership Promotion Enhancement Act of 2018

This bill amends the Small Business Act to require the Service Corps of Retired Executives (SCORE) to appoint a SCORE Employee Ownership Director, whose duties shall relate to the various forms of employee ownership.

The director shall be responsible for:

  • administering and disbursing materials that contain general information and technical assistance for the establishment of employee ownership structures;
  • coordinating efforts for employee ownership with SCORE chapters located throughout the United States;
  • providing technical assistance relating to a range of business forms and strategies that promote or facilitate employee ownership, including an employee stock ownership plan, a cooperative, and any other approach determined appropriate by the director; and
  • providing the Small Business Administration and the Office of Entrepreneurial Development with statistics, including regional statistics from a SCORE chapter relating to services provided to small businesses potentially undertaking a form of employee ownership.

The director may be a SCORE employee on the date of appointment.

What just happenedDec 19, 2018

By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-436.

Who’s behind it

Sen. Peters, Gary C. [D-MI](D-MI)Sponsor
2 cosponsors1 D1 R
Read on Congress.gov
2cosponsors1committees8actions6subjects
  1. Dec 19, 2018Floor

    By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-436.

    Small Business and Entrepreneurship Committee
  2. Dec 19, 2018Committee14900

    By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-436.

    Small Business and Entrepreneurship Committee
  3. Mar 19, 2018Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 348.

  4. Mar 19, 2018Committee

    Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.

    Small Business and Entrepreneurship Committee
  5. Mar 19, 2018Committee14000

    Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.

    Small Business and Entrepreneurship Committee
  6. Mar 14, 2018Committee

    Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.

    Small Business and Entrepreneurship Committee
  7. Jul 12, 2017IntroReferral

    Read twice and referred to the Committee on Small Business and Entrepreneurship.

    Small Business and Entrepreneurship Committee
  8. Jul 12, 2017IntroReferral10000

    Introduced in Senate

Reported to Senate with amendment(s)Mar 19, 20181

Small Business Employee Ownership Promotion Enhancement Act of 2018

This bill amends the Small Business Act to require the Service Corps of Retired Executives (SCORE) to appoint a SCORE Employee Ownership Director, whose duties shall relate to the various forms of employee ownership.

The director shall be responsible for:

  • administering and disbursing materials that contain general information and technical assistance for the establishment of employee ownership structures;
  • coordinating efforts for employee ownership with SCORE chapters located throughout the United States;
  • providing technical assistance relating to a range of business forms and strategies that promote or facilitate employee ownership, including an employee stock ownership plan, a cooperative, and any other approach determined appropriate by the director; and
  • providing the Small Business Administration and the Office of Entrepreneurial Development with statistics, including regional statistics from a SCORE chapter relating to services provided to small businesses potentially undertaking a form of employee ownership.

The director may be a SCORE employee on the date of appointment.

Introduced in SenateJul 12, 2017

Small Business Employee Ownership Promotion Enhancement Act of 2017

This bill amends the Small Business Act to require the Service Corps of Retired Executives (SCORE) to appoint a SCORE Employee Ownership Director, whose duties shall relate to the various forms of employee ownership.

The director shall be responsible for:

  • administering and disbursing materials that contain general information and technical assistance for the establishment of employee ownership structures;
  • coordinating efforts for employee ownership with SCORE chapters located throughout the United States;
  • providing technical assistance relating to a range of business forms and strategies that promote or facilitate employee ownership, including an employee stock ownership plan, a cooperative, and any other approach determined appropriate by the director; and
  • providing the Small Business Administration (SBA) and the Office of Entrepreneurial Development with statistics, including regional statistics from a SCORE chapter relating to services provided to small businesses potentially undertaking a form of employee ownership.

The director may be an SBA employee on the date of his or her appointment.

Small Business Employee Ownership Promotion Enhancement Act of 2018 — Informed