ESOP Funding for SBA Position Act of 2025

Hozzl · 2025-05-21T12:59:11Z

Explore the details of House Bill 2993 ESOP Funding for SBA Position Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

5/21/2025, 12:59 PM

Summary of Bill HR 2993

H.R. 2993, introduced in the 119th Congress on April 24, 2025, aims to create a Small Business Administration position to offer support to small businesses in setting up employee stock ownership plans.

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Current Status of Bill HR 2993

Bill HR 2993 is currently in the status of Bill Introduced since April 24, 2025. Bill HR 2993 was introduced during Congress 119 and was introduced to the House on April 24, 2025. Bill HR 2993's most recent activity was Referred to the House Committee on Small Business. as of April 24, 2025

Bipartisan Support of Bill HR 2993

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 2993

Primary Policy Focus

Commerce

Alternate Title(s) of Bill HR 2993

To establish a position in the Small Business Administration to provide to small businesses assistance with establishing employee stock ownership plans, and for other purposes.