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Main Street Employee Ownership 2.0 Act of 2022

USA117th CongressHR-9347| House 
| Updated: 11/17/2022
Nydia M. Velázquez

Nydia M. Velázquez

Democratic Representative

New York

Cosponsors (1)
Dean Phillips (Democratic)

Small Business Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline

Bill from Previous Congress

HR 115-5236
Main Street Employee Ownership Act of 2018
Nov 17, 2022
Introduced in House
Nov 17, 2022
Referred to the House Committee on Small Business.
  • Bill from Previous Congress

    HR 115-5236
    Main Street Employee Ownership Act of 2018


  • November 17, 2022
    Introduced in House


  • November 17, 2022
    Referred to the House Committee on Small Business.

Commerce

Main Street Employee Ownership 2.0 Act of 2022

USA117th CongressHR-9347| House 
| Updated: 11/17/2022
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 115-5236
Main Street Employee Ownership Act of 2018
Nov 17, 2022
Introduced in House
Nov 17, 2022
Referred to the House Committee on Small Business.
  • Bill from Previous Congress

    HR 115-5236
    Main Street Employee Ownership Act of 2018


  • November 17, 2022
    Introduced in House


  • November 17, 2022
    Referred to the House Committee on Small Business.
Nydia M. Velázquez

Nydia M. Velázquez

Democratic Representative

New York

Cosponsors (1)
Dean Phillips (Democratic)

Small Business Committee

Commerce

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted