[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"current-user-roles":3,"user-subscription":3,"bill:119-hr-3248":4},null,{"bill":5,"indexable":94,"summaries":95,"cosponsors":101,"cosponsorSlugs":162,"actions":175,"amendments":197,"amendmentSponsorSlugs":198,"linkages":199,"sponsorSlug":200},{"statusDate":6,"sponsor":7,"cboCostEstimates":16,"originChamber":17,"congress":18,"isByRequest":19,"title":20,"createdAt":21,"committeeReports":22,"onBehalfOfSponsor":3,"adminOverride":3,"amendmentCount":23,"actionCount":24,"popularTitle":3,"laws":3,"billType":25,"subjects":26,"introducedDate":6,"congressGovUrl":27,"constitutionalAuthority":28,"policyArea":29,"deletedAt":3,"latestAction":30,"billNumber":32,"status":33,"keyMilestoneCount":34,"policyAreaLower":35,"cosponsorCount":36,"cosponsorCountIncludingWithdrawn":36,"committees":37,"committeeCodes":54,"updateDate":55,"shortTitle":3,"officialTitle":3,"updatedAt":56,"searchTokens":57},"2025-05-07",{"firstName":8,"lastName":9,"district":10,"fullName":11,"middleName":12,"state":13,"party":14,"bioguideId":15},"Blake","Moore","1","Rep. Moore, Blake D. [R-UT-1]","D.","UT","R","M001213",[],"House",119,false,"American Ownership and Resilience Act","2026-05-13T19:31:26.369Z",[],0,4,"hr",[],"https:\u002F\u002Fwww.congress.gov\u002Fbill\u002F119th-congress\u002Fhouse-bill\u002F3248","\u003Cpre>\n[Congressional Record Volume 171, Number 76 (Wednesday, May 7, 2025)]\n[House]\nFrom the Congressional Record Online through the Government Publishing Office [\u003Ca href=\"https:\u002F\u002Fwww.gpo.gov\">www.gpo.gov\u003C\u002Fa>]\nBy Mr. MOORE of Utah:\nH.R. 3248.\nCongress has the power to enact this legislation pursuant\nto the following:\nArt. I, Sec 8, cl. 3\n[Page H1911]\n\u003C\u002Fpre>","Finance and Financial Sector",{"date":6,"text":31},"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.",3248,"in_committee",2,"finance and financial sector",12,[38,47],{"name":39,"systemCode":40,"chamber":17,"activities":41,"subcommittees":45,"type":46},"Financial Services Committee","hsba00",[42],{"name":43,"date":44},"Referred To","2025-05-07T14:04:05Z",[],"Standing",{"name":48,"systemCode":49,"chamber":17,"activities":50,"subcommittees":53,"type":46},"Ways and Means Committee","hswm00",[51],{"name":43,"date":52},"2025-05-07T14:04:10Z",[],[40,49],"2026-07-17T23:52:10Z","2026-07-18T12:07:28.214Z",[58,59,60,61,62,63,64,65,66,67,68,69,70,71,72,73,74,75,76,77,78,79,80,81,82,83,84,85,86,87,88,89,90,91,92,93],"american","am","ame","amer","ameri","americ","america","ownership","ow","own","owne","owner","owners","ownersh","ownershi","and","resilience","re","res","resi","resil","resili","resilie","resilien","resilienc","act","rep","moore","mo","moo","moor","blake","bl","bla","blak","ut",true,[96],{"versionCode":97,"actionDate":6,"actionDesc":98,"text":99,"updateDate":100},"00","Introduced in House","\u003Cp>\u003Cstrong>American Ownership and Resilience Act\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>This bill creates an investment facility to support the conversion of private businesses into employee-owned businesses.\u003C\u002Fp>\u003Cp>Specifically, the Department of Commerce must establish an investment facility that provides leverage&nbsp;to ownership investment companies (OICs) licensed by Commerce.&nbsp;\u003C\u002Fp>\u003Cp>Under the bill, OICs\u003C\u002Fp>\u003Cul>\u003Cli>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,&nbsp;\u003C\u002Fli>\u003Cli>have the authority to borrow money and issue securities or other obligations to finance the sale, and\u003C\u002Fli>\u003Cli>have the full faith and credit of the United States to guarantee the payment of all such amounts.\u003C\u002Fli>\u003C\u002Ful>\u003Cp>In a sale to an&nbsp;ESOP, an independent trustee must be appointed to obtain a fairness opinion on the investment from an independent financial advisor.\u003C\u002Fp>\u003Cp>New OICs may be mentored by other OICs through the Protégé OIC program established by the bill.\u003C\u002Fp>\u003Cp>The bill also establishes private capital requirements, third-party debt limitations, and enforcement provisions.\u003C\u002Fp>","2026-05-04T16:05:34Z",[102,108,114,120,125,130,134,139,144,148,153,157],{"bioguideId":103,"fullName":104,"party":14,"state":105,"district":106,"sponsorshipDate":107,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"M001230","Rep. 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