US SB1538 | 2017-2018 | 115th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on July 12 2017 - 25% progression, died in chamber
Action: 2018-12-19 - By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-436.
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Small Business Employee Ownership Promotion Enhancement Act of 2018

Sponsors


History

DateChamberAction
2018-12-19SenateBy Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-436.
2018-03-19SenatePlaced on Senate Legislative Calendar under General Orders. Calendar No. 348.
2018-03-19SenateCommittee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.
2018-03-14SenateCommittee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
2017-07-12SenateRead twice and referred to the Committee on Small Business and Entrepreneurship.

Subjects


US Congress State Sources


Bill Comments

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