Writing and passing a small-business law
What they say
His campaign says he authored and passed legislation to help the next generation of small business owners.
“authored and passed legislation to help the next generation of small business entrepenuers”
What the record shows ·
He sponsored H.R. 935, which exempts brokers who help sell privately held small businesses from SEC broker registration. It passed the House 419-0 on May 11, 2022. The same text, under his bill's name, became law as Title V of Division AA of the Consolidated Appropriations Act, 2023, signed December 29, 2022.
Limit: The campaign does not name the bill; this is the one of his that became law and fits the claim. He voted against the spending act that carried it (roll 549, December 23, 2022). Whether it helped new owners buy businesses is not something the record shows.