What is the current status of HR 5778?

HR 5778 is currently: In House.

Who sponsored HR 5778?

HR 5778 was sponsored by LaMonica McIver (D), Rep.

Employee Ownership Education Bill

IntroducedOctober 17, 2025

In House9 months ago

Intro

House

Senate

Pres

Waiting for a House floor vote.

It has cleared committee and can be brought up at any time, though no date is set.

CommerceAdministrative law and regulatory proceduresFinancial services and investmentsSmall Business AdministrationSmall businessBusiness investment and capital

Why This Matters

This bill aims to boost awareness and understanding of employee ownership among small businesses and their employees. It encourages the Small Business Administration to engage more actively in promoting these opportunities.

If you work for a small business, this bill could lead to more opportunities for you to become an owner.

Who this affects

Small business owners · Employees interested in cooperative models

What changes is this bill making?

1This bill directs the Small Business Administration to improve education on employee ownership.
2It requires the Administrator to attend meetings about cooperatives and employee ownership.
3The bill enhances outreach to investors in small businesses.
4It mandates the Small Business Administration to promote employee ownership programs within 180 days.

Read full document

Last changed 3 months ago · checked hourly

Employee Ownership Education Bill

IntroducedOctober 17, 2025

In House9 months ago

Intro

House

Senate

Pres

Waiting for a House floor vote.

It has cleared committee and can be brought up at any time, though no date is set.

CommerceAdministrative law and regulatory proceduresFinancial services and investmentsSmall Business AdministrationSmall businessBusiness investment and capital

Why This Matters

If you work for a small business, this bill could lead to more opportunities for you to become an owner.

Who this affects

Small business owners · Employees interested in cooperative models

What changes is this bill making?

1This bill directs the Small Business Administration to improve education on employee ownership.
2It requires the Administrator to attend meetings about cooperatives and employee ownership.
3The bill enhances outreach to investors in small businesses.
4It mandates the Small Business Administration to promote employee ownership programs within 180 days.

Read full document

Last changed 3 months ago · checked hourly