H.R. 5778

119th CONGRESS 1st Session

To direct the Administrator of the Small Business Administration to improve outreach and education on employee ownership, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES · October 17, 2025 · Sponsor: Mrs. McIver · Committee: Committee on Small Business

SEC. 1. Short title

This Act may be cited as the Improving SBA Engagement on Employee Ownership Act.

Section 7(a)(35) of the Small Business Act () is amended by adding at the end the following new subparagraph: 15 U.S.C. 636(35)
- (C) Working groups and other engagements
  - The Administrator (or a designee thereof) shall attend any working groups, meetings, fora, and any other engagements on cooperatives or employee ownership of business concerns that are hosted by any other Federal agency or office—
    - (i) to which the Administrator (or designee thereof) is invited; or
    - (ii) with which the Administrator (or a designee thereof) has had a previous engagement or relationship.

Section 862(c) of the John S. McCain National Defense Authorization Act for Fiscal Year 2019 (; note) is amended by inserting before . Public Law 115–232; 15 U.S.C. 648

Not later than 180 days after the date of the enactment of this Act, the Administrator of the Small Business Administration shall carry out the requirements of section 862(e) of the John S. McCain National Defense Authorization Act for Fiscal Year 2019 (; note) through the Small Business Employee Ownership and Cooperatives Promotion Program of the Administration. Public Law 115–232; 15 U.S.C. 648