Employee Equity Investment Act of 2023

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 1618 Introduced in Senate (IS)] <DOC> 118th CONGRESS 1st Session S. 1618 To amend the Small Business Investment Act of 1958 to establish an employee equity investment facility, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 16, 2023 Mr. Van Hollen (for himself, Mr. Rubio, Ms. Baldwin, Mr. Young, Mrs. Shaheen, and Mr. Braun) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship _______________________________________________________________________ A BILL To amend the Small Business Investment Act of 1958 to establish an employee equity investment facility, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Employee Equity Investment Act of 2023''. SEC. 2. EMPLOYEE EQUITY INVESTMENT FACILITY. (a) Definitions.--Section 103 of the Small Business Investment Act of 1958 (15 U.S.C. 662) is amended-- (1) in p…