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Small Business Employee Ownership Promotion Enhancement Act of 2018

By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-436.

Official summary

Version 01 · Reported to Senate with amendment(s) · Mar 19, 2018

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.

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Who introduced it

Sen. Peters, Gary C. [D-MI] · D–MI

Committees

  • Small Business and Entrepreneurship Committee
2 cosponsorship records, including any withdrawals

Actions

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  1. By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-436.

  2. By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-436.

  3. Placed on Senate Legislative Calendar under General Orders. Calendar No. 348.

  4. Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.

  5. Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.

  6. Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.

  7. Read twice and referred to the Committee on Small Business and Entrepreneurship.

  8. Introduced in Senate

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.

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