HR 3248
American Ownership and Resilience Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 2:55 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The American Ownership and Resilience Act aims to support the transition of private businesses into employee-owned businesses by establishing a government investment facility. This facility, managed by the Department of Commerce through licensed Ownership Investment Companies (OICs), would provide leverage to these companies seeking to convert to employee stock ownership plans (ESOPs) or worker-owned cooperatives. The bill includes provisions for independent trustee oversight, mentorship programs for new OICs, and regulations to ensure fair investment practices and prevent undue control by investors. It also establishes requirements for private capital, third-party debt, and reporting to promote transparency and accountability.
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