H.R. 5778

Summary

H.R. 5778, the Improving SBA Engagement on Employee Ownership Act, was introduced in the House on Oct 17, 2025 by Rep. LaMonica McIver (D) with 5 co-sponsors. It last saw action on Dec 17, 2025: Placed on the Union Calendar, Calendar No. 358.

Record

Text

H.R. 5778 has 5 co-sponsors.

119 HR 5778 IH: Improving SBA Engagement on Employee Ownership Act
 U.S. House of Representatives
 2025-10-17
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  1st Session  H. R. 5778  IN THE HOUSE OF REPRESENTATIVES   October 17, 2025   Mrs. McIver  (for herself,  Mr. Bresnahan , and  Ms. Velázquez ) introduced the following bill; which was referred to the  Committee on Small Business    A BILL
To direct the Administrator of the Small Business Administration to improve outreach and education on employee ownership, and for other purposes.
1.
Short title
This Act may be cited as the   Improving SBA Engagement on Employee Ownership Act  .
2.
Cooperative working group participation
Section 7(a)(35) of the Small Business Act ( 15 U.S.C. 636(35) ) is amended by adding at the end the following new subparagraph:
(C)
Working groups and other engagements
The Administrator (or a designee thereof) shall attend any working groups, meetings, fora, and any other engagements on cooperatives or employee ownership of business concerns that are hosted by any other Federal agency or office—
(i)
to which the Administrator (or designee thereof) is invited; or
(ii)
with which the Administrator (or a designee thereof) has had a previous engagement or relationship.
 .
3.
Amendment to small business investment company program outreach
Section 862(c) of the John S. McCain National Defense Authorization Act for Fiscal Year 2019 ( Public Law 115–232 ;  15 U.S.C. 648  note) is amended by inserting  , and to the investors and limited partners of such companies,  before  to increase .
4.
Outreach and assistance
Not later than 180 days after the date of the enactment of this Act, the Administrator of the Small Business Administration shall carry out the requirements of section 862(e) of the John S. McCain National Defense Authorization Act for Fiscal Year 2019 ( Public Law 115–232 ;  15 U.S.C. 648  note) through the Small Business Employee Ownership and Cooperatives Promotion Program of the Administration.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

To direct the Administrator of the Small Business Administration to improve outreach and education on employee ownership, and for other purposes.

Sponsors

Rep. LaMonica McIver (D) sponsors H.R. 5778, and 5 members have co-sponsored it, 2 of them from the day it was introduced.

LaMonica McIver

Rep. · D–NJ-10 · Sponsor

Introduced Oct 17, 2025

Robert Bresnahan

Rep. · R–PA-8 · Co-sponsor

Joined Oct 17, 2025 · Original

Nydia Velazquez

Rep. · D–NY-7 · Co-sponsor

Joined Oct 17, 2025 · Original

Brian Fitzpatrick

Rep. · R–PA-1 · Co-sponsor

Joined Nov 12, 2025

Gil Cisneros

Rep. · D–CA-31 · Co-sponsor

Joined Nov 17, 2025

Maggie Goodlander

Rep. · D–NH-2 · Co-sponsor

Joined Nov 18, 2025

Show 6 of 6 rows

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Committees

H.R. 5778 went before 1 committee: Small Business.

Small Business

Small Business

Reported By · Dec 17, 2025 · 81 Bills

Reports

1 committee report has been filed on H.R. 5778, the latest H. Rept. 119-412.

• H. Rept. 119-412 — IMPROVING SBA ENGAGEMENT ON EMPLOYEE OWNERSHIP ACT

Actions

H.R. 5778 has taken 6 actions since Oct 17, 2025, the latest on Dec 17, 2025.

Votes

H.R. 5778 has not gone to a roll call.

Titles

H.R. 5778 goes by 4 titles, 2 of them short titles.

• Improving SBA Engagement on Employee Ownership Act — Short Title(s) as Reported to House
• Improving SBA Engagement on Employee Ownership Act — Display Title
• Improving SBA Engagement on Employee Ownership Act — Short Title(s) as Introduced
• To direct the Administrator of the Small Business Administration to improve outreach and education on employee ownership, and for other purposes. — Official Title as Introduced

Cost estimate

The Congressional Budget Office has filed 1 estimate for H.R. 5778, the latest on Apr 13, 2026.

• H.R. 5778, Improving SBA Engagement on Employee Ownership Act — 2026-04-13As reported by the House Committee on Small Business on December 17, 2025

Lobbying

1 client hired 1 firm and 1 registered lobbyist who named H.R. 5778 in 2 quarterly filings, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Consumer Issues/Safety/Products.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files H.R. 5778 under Commerce, one of its 31 policy areas, and gives it 5 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 5778’s is Commerce.

Legislative Subjects

H.R. 5778 carries 5 of CRS’s legislative subjects, from Administrative law and regulatory procedures to Small Business Administration.

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 5778, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 172 (Friday, October 17, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. McIVER:H.R. 5778.Congress has the power to enact this legislation pursuantto the following:Commerce Clause, Article 1, Section 8, Clause 3[Page H4542]

Source: congress.gov · legiscan.com