Small Business Succession Planning Act

House Bill 5939 - Small Business Succession Planning Act: Overview, Status, and Impact

Hozzl · 2023-12-15T16:02:59Z

Explore the details of House Bill 5939 Small Business Succession Planning Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

12/15/2023, 4:02 PM

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Current Status of Bill HR 5939

Bill HR 5939 is currently in the status of Bill Introduced since October 12, 2023. Bill HR 5939 was introduced during Congress 118 and was introduced to the House on October 12, 2023. Bill HR 5939's most recent activity was Referred to the Committee on Small Business, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of October 25, 2023

Bipartisan Support of Bill HR 5939

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 5939

Primary Policy Focus

Commerce

Alternate Title(s) of Bill HR 5939

Small Business Succession Planning Act

To require the Administrator of the Small Business Administration to establish a program to encourage small business concerns to make business succession plans, and for other purposes.