S. 1538 · 115th Congress
Small Business Employee Ownership Promotion Enhancement Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
PetersSponsor2 cosponsors · 1 D, 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Small Business Employee Ownership Promotion Enhancement Act of 2018
What it does: CRS summary · Reported to Senate with amendment(s) · Mar 19, 2018
Small Business Employee Ownership Promotion Enhancement Act of 2018
This bill amends the Small Business Act to require the Service Corps of Retired Executives (SCORE) to appoint a SCORE Employee Ownership Director, whose duties shall relate to the various forms of employee ownership.
The director shall be responsible for:
- administering and disbursing materials that contain general information and technical assistance for the establishment of employee ownership structures;
- coordinating efforts for employee ownership with SCORE chapters located throughout the United States;
- providing technical assistance relating to a range of business forms and strategies that promote or facilitate employee ownership, including an employee stock ownership plan, a cooperative, and any other approach determined appropriate by the director; and
- providing the Small Business Administration and the Office of Entrepreneurial Development with statistics, including regional statistics from a SCORE chapter relating to services provided to small businesses potentially undertaking a form of employee ownership.
The director may be a SCORE employee on the date of appointment.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Small Business Employee Ownership Promotion Enhancement Act of 2018
Latest action (Dec 19, 2018): By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-436.
Policy area: Commerce · Origin: Senate · Introduced: Jul 12, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.