S 1538 · 115th Congress 2017–2019, ended

Small Business Employee Ownership Promotion Enhancement Act of 2018

Fact sheet

Latest action · Dec 19, 2018 By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-436.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJul 12, 2017
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

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.

Cosponsors 2

Members who signed on, in the order they did. Signatures ran from Jul 12, 2017 to Sep 5, 2017, with 1 there on the day it was introduced.

SeatCosponsorSigned on
R-IDJames E. RischOriginalJul 12, 2017
D-NYKirsten E. GillibrandSep 5, 2017

Actions 6

Everything that happened, newest first.

  1. Dec 19, 2018By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-436.
  2. Mar 19, 2018Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.
  3. Mar 19, 2018Placed on Senate Legislative Calendar under General Orders. Calendar No. 348.
  4. Mar 14, 2018Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
  5. Jul 12, 2017Introduced in Senate

Subjects

Assigned by the Library of Congress. Policy area: Commerce.

Text 2

Each version as it was printed, newest first.

  1. Mar 19, 2018Reported to Senate
  2. Jul 12, 2017Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.