HR 3248 · in committee · significant
American Ownership and Resilience Act
- economy
What this bill does
- The bill creates an investment facility to help convert private businesses into employee-owned businesses.
- Business owners, employees, and investment companies that finance employee stock ownership plans are affected.
- The Department of Commerce establishes and backs the facility with federal credit to guarantee investor loans.
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Community Threads
Started by Cosponsor
- 01
How would federal loan guarantees through this facility change the cost or risk calculation for employees considering buying into their employer?
- 02
What safeguards would prevent the federal government from bearing excessive losses if employee-owned businesses fail at higher rates than traditional firms?
- 03
Which types of businesses and workers would most likely benefit from this conversion facility, and which might be excluded or disadvantaged?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · R-UT-1
Blake D. Moore
Citizen cosponsors
0
In Congress
9/ 435
House Reps cosponsoring
Introduced 2025-05-07
Joining the bill
Legislative timeline
2025-05-07 · house · IntroReferral
Referred to the Committee on Financial Services, 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.
2025-05-07 · house · IntroReferral
Referred to the Committee on Financial Services, 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.
2025-05-07 · IntroReferral
Introduced in House
2025-05-07 · IntroReferral
Introduced in House
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