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![handle is hein.congrecreports/crptxabef0001 and id is 1 raw text is: AUTHENTICATEO
U.S. GOVERNMENT
INFORMATION
Op
115TH CONGRESS REPORT
2d Session HOUSE OF REPRESENTATIVES 115-645
MAIN STREET EMPLOYEE OWNERSHIP ACT OF 2018
APRIL 24, 2018.-Committed to the Committee of the Whole House on the State of
the Union and ordered to be printed
Mr. CHABOT, from the Committee on Small Business,
submitted the following
REPORT
[To accompany H.R. 5236]
The Committee on Small Business, to whom was referred the bill
(H.R. 5236) to expand opportunities available to employee-owned
business concerns through Small Business Administration loan pro-
grams, and for other purposes, having considered the same, report
favorably thereon with an amendment and recommend that the bill
as amended do pass.
CONTENTS
Page
I. Purpose of the Bill and Sum m ary ............................................................. 4
II. Background and the Need for Legislation .............................................. 4
III. H earin gs ....................................................................................................... 5
IV . Com m ittee Consideration ......................................................................... 5
V . C om m ittee V otes ....................................................................................... 6
VI. Section-by-Section Analysis of H.R. 5236 ................................................. 9
VII. Congressional Budget Office Cost Estimate ............................................. 11
V III. U nfunded M andates ................................................................................... . 11
IX. New Budget Authority, Entitlement Authority and Tax Expenditures 11
X . O versigh t F in dings ..................................................................................... . 11
XI. Statem ent of Constitutional Authority ...................................................... 11
XII. Congressional Accountability Act .............................................................. 12
XIII. Federal Advisory Committee Statement ................................................... 12
XIV . Statem ent of N o Earm arks ........................................................................ 12
XV. Statement of Duplication of Federal Programs ........................................ 12
XVI. Disclosure of Directed Rule M akings ....................................................... 12
XVII. Perform ance Goals and Objectives ........................................................... 12
XVIII. Changes in Existing Law Made by the Bill, as Reported ........................ 12
The amendment is as follows:
Strike all after the enacting clause and insert the following:
SECTION 1. SHORT TITLE.
This Act may be cited as the Main Street Employee Ownership Act of 2018.
79-006](ViewImageLocal?handle=hein.congrecreports/crptxabef0001&div=1&collection=&method=preview&ext=.png&size=3)