LaMonica McIver (D-NJ)
Improving SBA Engagement on Employee Ownership Act
A Democratic bill with 2 Republican cosponsors · See all 5 cosponsors
Last activity — Placed on the Union Calendar, Calendar No. 358.
Cleared committee, waiting for its first floor vote
A committee approved it and it is on the calendar of the chamber it started in.
This is further than most bills get, and still no promise of a vote: the calendar is a queue, and the majority leadership decides what is called. A bill can sit here until the Congress ends.
Its path through Congress
- Introduced
- On Calendar
What this bill would do
This bill, titled the "Improving SBA Engagement on Employee Ownership Act," directs the Administrator of the Small Business Administration to improve outreach and education regarding employee ownership. It requires the Administrator or a designee to participate in working groups and meetings hosted by other Federal agencies regarding cooperatives or employee ownership if invited or previously engaged. The bill also amends the outreach requirements for the Small Business Investment Company Program to include investors and limited partners. Finally, it mandates that the Administrator carry out specific outreach and assistance requirements through the Small Business Employee Ownership and Cooperatives Promotion Program within 180 days of enactment.
Yes· 3 of 8
- Scored +5
Does this make it easier to run a small business?
The bill mandates improved SBA outreach and assistance specifically regarding employee ownership and cooperatives.
- Scored +4
Would business owners be better off under this?
The bill provides more structured SBA outreach and assistance for those interested in cooperative or employee-owned business models.
- Scored +3
Is this likely to grow the economy?
By expanding outreach for employee ownership and cooperatives, the bill aims to diversify and strengthen business ownership models.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Engagement in Cooperative Discussions: By requiring the SBA Administrator to attend various working groups, meetings, and fora hosted by other Federal agencies, the bill ensures better participation in discussions about cooperatives or employee ownership (Section 2).
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Expanded Outreach for Investors: The amendment to the Small Business Investment Company Program expands the scope of outreach to include investors and limited partners (Section 3).
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Structured Support for Employee Ownership: The bill directs the Administrator to carry out outreach and assistance requirements through the Small Business Employee Ownership and Cooperatives Promotion Program within 180 days of the Act's enactment (Section 4).
Potential Negative Impacts for People
- No negative impacts or burdens are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would business owners be better off under this? — The bill provides more structured SBA outreach and assistance for those interested in cooperative or employee-owned business models. Would households on low incomes be better off under this? — Increased support for employee ownership can provide more stable paths to wealth accumulation for workers. Would middle-income households be better off under this? — Employee ownership models can provide middle-class workers with greater stakes in their employers. Would union members be better off under this? — The promotion of cooperatives and employee ownership can empower workers within their business structures.
- Economy And Finance
- Does this make it easier to run a small business? — The bill mandates improved SBA outreach and assistance specifically regarding employee ownership and cooperatives. Is this likely to grow the economy? — By expanding outreach for employee ownership and cooperatives, the bill aims to diversify and strengthen business ownership models. Does this strengthen the rights of workers to organise? — The bill promotes cooperatives and employee ownership, which can increase worker influence in business structures.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill increases SBA engagement in inter-agency working groups and public fora regarding business ownership.
- 12/17/2025
- Reported by the Committee on Small Business. H. Rept. 119-412.
- Placed on the Union Calendar, Calendar No. 358.
- 11/18/2025
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported by the Yeas and Nays: 27 - 0.
- 1 Cosponsor added.
- 11/17/2025
- 1 Cosponsor added.
- 11/12/2025
- 1 Cosponsor added.
- 10/17/2025
- Referred to the House Committee on Small Business.
- 2 Cosponsors added.
- Introduced in House
Robert BresnahanRepublican · Pennsylvania
Gilbert CisnerosDemocrat · California
Brian FitzpatrickRepublican · Pennsylvania
Maggie GoodlanderDemocrat · New Hampshire
Nydia VelázquezDemocrat · New York