- Stage
- In committee
- Started in
- House
- Sponsor
- 1
- Latest action
- Dec 5, 2025
What it does
The bill amends the National Defense Authorization Act for Fiscal Year 2022 to lower the employee stock ownership plan (ESOP) ownership threshold for small businesses participating in a Department of Defense pilot program from 100 percent to not less than 30 percent of outstanding stock. It replaces the term “wholly-owned” with “owned” throughout the relevant provisions to reflect this change. The amendment aims to expand eligibility for the pilot program that incentivizes DoD contracting with employee-owned businesses. The bill affects small businesses seeking to participate in the DoD’s ESOP contracting incentive program and modifies the criteria used to determine their eligibility.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.