H.R. 3248

119th Congress

In Committee

American Ownership and Resilience Act

Sponsored byRepublican:Rep. Moore, Blake D. [R-UT-1]UT· Introduced 7 mai 2025
Open on Congress.gov

12

Cosponsors

4

Actions

0

Amendments

2

Committees

—

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

7 mai 2025·1 year ago

Summary

Introduced in House · Updated 4 mai 2026

American Ownership and Resilience Act

This bill creates an investment facility to support the conversion of private businesses into employee-owned businesses.

Specifically, the Department of Commerce must establish an investment facility that provides leverage to ownership investment companies (OICs) licensed by Commerce. 

Under the bill, OICs

  • manage capital for the purpose of financing the sale of a private business to an employee stock ownership plan (ESOP) or eligible worker-owned cooperative, 
  • have the authority to borrow money and issue securities or other obligations to finance the sale, and
  • have the full faith and credit of the United States to guarantee the payment of all such amounts.

In a sale to an ESOP, an independent trustee must be appointed to obtain a fairness opinion on the investment from an independent financial advisor.

New OICs may be mentored by other OICs through the Protégé OIC program established by the bill.

The bill also establishes private capital requirements, third-party debt limitations, and enforcement provisions.

Timeline

4 actions

  1. Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    7 mai 2025 · IntroReferral

  2. Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    7 mai 2025 · IntroReferral

  3. Introduced in House

    7 mai 2025 · IntroReferral

  4. Introduced in House

    7 mai 2025 · IntroReferral

Sponsorship

12 cosponsors

Sponsor

Republican:Rep. Moore, Blake D. [R-UT-1]UT

Cosponsors

  • Democrat867%
  • Republican433%

Classification

Policy area

Finance and Financial Sector

Committees

2

  • Financial Services Committee

    House · Standing

    • Referred To7 May 2025

  • Ways and Means Committee

    House · Standing

    • Referred To7 May 2025

Cosponsor momentum

Cumulative over time

Cosponsors grew from 3 on 7 mai 2025 to 12 on 23 juin 2026.

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