American Ownership and Resilience Act has not moved since its introduction on May 7, 2025, with cosponsors split almost evenly between the parties

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.