Bill117th CongressFiled Nov 17, 2022Commerce
H.R. 9347
Main Street Employee Ownership 2.0 Act of 2022
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Nov 17, 2022)
Main Street Employee Ownership 2.0 Act of 2022
This bill prohibits the Small Business Administration (SBA) from imposing certain requirements on loans to specified employee-owned businesses. For example, the SBA may not require a qualified employee trust or cooperative to provide any mandatory equity to receive a loan.
What just happenedNov 17, 2022
Referred to the House Committee on Small Business.
Who’s behind it
Rep. Velazquez, Nydia M. [D-NY-7](D-NY)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions
- Introduced in HouseNov 17, 2022
- Nov 17, 2022IntroReferralH11100
Referred to the House Committee on Small Business.
Small Business Committee - Nov 17, 2022IntroReferralIntro-H
Introduced in House
- Nov 17, 2022IntroReferral1000
Introduced in House