Main Street Employee Ownership 2.0 Act of 2022
Summary
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Nov 2022
Committee Review
Floor Vote
President
Introduced Nov 17, 2022
Last action Nov 17, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Nov 17, 2022
House · Referred to committee
Referred to the House Committee on Small Business.
Nov 17, 2022
House · Introduced
Introduced in House
1 primary · 1 co-sponsor
Sponsors
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