House Committee on Small Business passes the Main Street Employee Ownership Act with bipartisan support
“While it’s wonderful to think that family members will take over the business – this doesn’t always happen,” said Small Business House Committee Ranking Member Rep. Nydia M. Velázquez. “It is anticipated that many of these businesses will be bought by a rival, while others will be forced to close altogether, leaving empty Main Streets and hard-hit local economies. I am pleased that the bill we passed will help empower employees to…
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