,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #biic  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,april #bd1 #bjbe,mr4 
,case 7= himself1 ,mr4 ,bresnahan1 &    
,ms4 ,tlaib7 introduc$ ! foll[+ bill2   
:i* 0 ref]r$ to ! ,committee on ,small  
,bus9ess  ,a ,,bill  ,to e/abli% a      
position 9 ! ,small ,bus9ess            
,adm9i/ration to provide to small       
bus9esses assi/ance ) e/abli%+ employee 
/ock own]%ip plans1 & = o!r purposes4   
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,,esop ,fund+ = ,,sba ,position ,act (
 #bjbe4  #b4 ,e/abli%m5t ( ,,esop       
support position  7a7 ,9 g5]al ,!re is  
e/abli%$ 9 ! ,adm9i/ration a position 9 
! competitive s]vice 7z su* t]m is def9$
 9 section #bajb ( title #e1 ,unit$     
,/ates ,code7 :i* %all be appo9t$ by !  
,adm9i/rator & responsible = provid+    
small bus9ess conc]ns assi/ance )       
e/abli%+ employee /ock own]%ip plans4   
7b7 ,responsibilities ,!                
responsibilities ( ! position e/abli%$  
"u subsection 7a7 include-- 7#a7 provid+

 guidance to small bus9ess conc]ns on   
e/abli%+ employee /ock own]%ip plans1   
includ+ tax treatm5t ( su* plans1       
regulatory compliance1 /ock valuation1 &
 opportunities to acquire fund+ to      
e/abli% su* a plan2  7#b7 coord9at+ )   
relevant public & private entities to   
provide assi/ance & res\rces = e/abli%+ 
employee /ock own]%ip plans t are       
tailor$ = small bus9ess conc]ns2  7#c7  
coord9at+ ) ! relevant p]sonnel at !    
,dep>tm5t ( ,labor to assi/ small       
bus9ess conc]ns e/abli%+ employee /ock  
own]%ip plans ) compliance ) all        
relevant regulatory requirem5ts2  7#d7  
advocat+ = appropriate guidance f       
relevant ,f$]al ag5cies1 includ+ !      
,dep>tm5t ( ,labor1 reg>d+ regulations  
relat+ to e/abli%+ & ma9ta9+ employee   
/ock own]%ip plans1 includ+ regulations 
reg>d+ /ock valuation & employee        
own]%ip2 &  7#e7 su* o!r                
responsibilities z det]m9$ appropriate  
by ! ,adm9i/rator4  #c4 ,report+ ,n lat]
 ?an "o ye> aft] ! date ( ! enactm5t (  

?is ,act1 & annually !reaft]1 !         
,adm9i/rator %all submit to ,congress a 
report on ! activities ( ! position     
e/abli%$ "u section #b7;a71 includ+ !   
numb] ( small bus9ess conc]ns t h       
receiv$ assi/ance f su* position1 !     
types ( assi/ance & res\rces provid$ to 
small bus9ess conc]ns by su* position1 &
 any policy recomm5dations = improv+ !  
process = small bus9ess conc]ns to      
e/abli% & ma9ta9 employee /ock own]%ip  
plans4  #d4 ,def9itions ,9 ?is ,act3    
7#a7 ,adm9i/ration ,! t]m ,adm9i/ration 
means ! ,small ,bus9ess ,adm9i/ration4  
7#b7 ,adm9i/rator ,! t]m ,adm9i/rator   
means ! ,adm9i/rator ( ! ,adm9i/ration4 
7#c7 ,employee /ock own]%ip plan ,! t]m 
employee /ock own]%ip plan has ! mean+  
giv5 su* t]m 9 section #dige7;e77#g7 ( !
 ,int]nal ,rev5ue ,code ( #aihf 7#bf    
,u4,s4,c4 #dige7;e77#g774  7#d7 ,small  
bus9ess conc]n ,! t]m small bus9ess     
conc]n has ! mean+ giv5 su* t]m "u      
section #c ( ! ,small ,bus9ess ,act 7#ae
 ,u4,s4,c4 #fcb74  #e4 ,au?orization (  

appropriations ,!re is au?oriz$ to be   
appropriat$ su* sums z are necess>y to  
c>ry out ?is ,act1 except t1 = ! fiscal 
ye> 9 :i* ?is ,act is enact$1 !re is    
au?oriz$ #ejj1jjj to c>ry out ?is ,act4