Main Street Employee Ownership 2.0 Act of 2022
United States117th CongressHR-9347House of Representatives
Updated: Nov 17, 2022
Summary
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.
Bill texts
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Timeline
Referred to the House Committee on Small Business.
House of Representatives
Introduced in House
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