The American Ownership and Resilience Act establishes a domestic ownership investment facility to support independently owned businesses.

The American Ownership and Resilience Act establishes a domestic ownership investment facility to provide leverage to licensed ownership investment companies. The Secretary of Commerce is tasked with establishing this facility, which aims to encourage covered investments in independently owned businesses. The Act defines "covered business concerns" as independently owned enterprises, excluding those influenced by certain investment entities. The legislation outlines capital requirements for licensees, sets leverage limits, and mandates diversification of ownership.

The American Ownership and Resilience Act establishes a domestic ownership investment facility to support independently owned businesses.

The American Ownership and Resilience Act establishes a domestic ownership investment facility to provide leverage to licensed ownership investment companies. The Secretary of Commerce is tasked with establishing this facility, which aims to encourage covered investments in independently owned businesses. The Act defines "covered business concerns" as independently owned enterprises, excluding those influenced by certain investment entities. The legislation outlines capital requirements for licensees, sets leverage limits, and mandates diversification of ownership.