US HB5778

Requires the SBA Administrator (or designee) to attend working groups, meetings, and other engagements on cooperatives or employee ownership hosted by other federal agencies when invited or when a previous relationship exists

Expands Small Business Investment Company program outreach to include investors and limited partners of such companies, not just the companies themselves

Mandates the SBA to implement employee ownership outreach requirements within 180 days through the Small Business Employee Ownership and Cooperatives Promotion Program

Amends Section 7(a)(35) of the Small Business Act and Section 862(c) of the John S. McCain National Defense Authorization Act for Fiscal Year 2019