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H.R. 6492IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 2 · H.R. 6492

Change to ESOP percentage requirement for pilot program to incentivize contracting with employee-owned businesses

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Section 874 of the National Defense Authorization Act for Fiscal Year 2022 (10 U.S.C. 3204 note) is amended— (1) by striking wholly-owned each place it appears and inserting owned; (2) in subsection (a)— (A) in the heading, by striking Wholly-owned and inserting Owned; and (B) by striking 100 percent and inserting not less than 30 percent; (3) in subsection (b), in the heading, by striking Wholly-owned and inserting Owned; and (4) in subsection (c), in the heading, by striking Wholly-owned and inserting Owned.

Sec. 2: Change to ESOP percentage requirement for pilot program to incentivize contracting with employee-owned businesses · Public Law Tracker