legislation: 98-hr-6371

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
98-hr-6371 98 hr 6371 Employee Ownership Promotion Act Commerce 1984-10-02 1984-10-17 Referred to Subcommittee on Economic Stabilization. House Rep. Aspin, Les [D-WI-1] WI D A000224 0 Employee Ownership Promotion Act - Establishes in the Treasury an Employee Ownership Feasibility Study Revolving Fund. Directs the Secretary of Commerce to make loans from the Fund to eligible employee ownership groups to fund: (1) feasibility studies to investigate the reorganization or new incorporation of an existing business enterprise as an employee owned business enterprise; and (2) professional services to implement such a feasibility study and to develop and insure the success of an employee owned business enterprise. Sets forth limits on such a loan. Sets forth the conditions under which an employee ownership group shall be eligible for feasibility study assistance from the Fund. Authorizes appropriations. 2025-08-29T17:39:53Z  

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