HR 9347 117th Congress House Commerce

Main Street Employee Ownership 2.0 Act of 2022

Introduced: November 17, 2022 Introduced by: Velázquez, Nydia M. Democratic · New York See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Nov 17, 2022

Referred to the House Committee on Small Business.

Nov 17, 2022

Introduced in House

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Plain-English summary Congressional Research Service

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.

What's happening now November 17, 2022

Referred to the House Committee on Small Business.

Bill text 1 version

Introduced in House Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Small Business Committee
House of Representatives

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APA

U.S. Congress. (2026). H.R. 9347: Main Street Employee Ownership 2.0 Act of 2022. 117th Congress. Open America. https://openamerica.io/bill/117-HR-9347/

MLA

"H.R. 9347: Main Street Employee Ownership 2.0 Act of 2022." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-9347/.

Bluebook (legal)

H.R. 9347, 117th Cong. (2026), https://openamerica.io/bill/117-HR-9347/.

Markdown link

[H.R. 9347: Main Street Employee Ownership 2.0 Act of 2022](https://openamerica.io/bill/117-HR-9347/)