HR 5778 · 119th Congress · Commerce

Improving SBA Engagement on Employee Ownership Act

Introduced 2025-10-17· Sponsored by Rep. McIver, LaMonica [D-NJ-10]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 358.(2025-12-17)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 5778 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 5778 To direct the Administrator of the Small Business Administration to improve outreach and education on employee ownership, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES October 17, 2025 Mrs. McIver (for herself, Mr. Bresnahan, and Ms. Velazquez) introduced the following bill; which was referred to the Committee on Small Business _______________________________________________________________________ A BILL To direct the Administrator of the Small Business Administration to improve outreach and education on employee ownership, 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 ``Improving SBA Engagement on Employee Ownership Act''. SEC. 2. COOPERATIVE WORKING GROUP PARTICIPATION. Section 7(a)(35) of the Small Business Act (15 U.S.C. 636(35)) is amended by adding at the end the following new subparagrap…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 5778, Improving SBA Engagement on Employee Ownership Act

Apr 13, 2026

As reported by the House Committee on Small Business on December 17, 2025

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (5)

3 Democrats2 Republicans