A resolution designating October 2018 as "National Employee Ownership Month".

Bill: 115-sres-665
Sponsor: full_name: Sen. Baldwin, Tammy [D-WI]
Introduced: 2018-10-02
Policy area: Labor and Employment
Subjects: Commemorative events and holidays

Corporate finance and management

Employee benefits and pensions

Securities
Latest action: action_date: 2018-10-02
text: Referred to the Committee on the Judiciary. (text of measure as introduced: CR S6450-6451)

Summaries:
action_date: 2018-10-02
action_desc: Introduced in Senate
text: <p>Designates October 2018 as National Employee Ownership Month.</p>

tv_txt: III 115th CONGRESS 2d Session S. RES. 665 IN THE SENATE OF THE UNITED STATES October 2 (legislative day, September 28), 2018 Ms. Baldwin (for herself, Mr. Roberts , Ms. Hassan , Mr. Cardin , Mr. Van Hollen , Mr. Reed , Mr. Brown , Mr. King , Mrs. Murray , Ms. Klobuchar , Mrs. Shaheen , Ms. Duckworth , Mr. Young , and Mr. Sanders ) submitted the following resolution; which was referred to the Committee on the Judiciary RESOLUTION Designating October 2018 as National Employee Ownership Month .

Whereas employee-owned companies give workers a voice in corporate governance, and that voice helps the long-term well-being of the company; Whereas employee-owned companies often outperform non-employee-owned companies and show greater resiliency during challenging economic conditions; Whereas employee-owned companies face lower staff turnover, and workers experience greater job security at those companies; Whereas employee-owners feel better prepared to cover the expenses of life and retire with a greater sense of financial security; and Whereas employee-owned companies have a rich history in communities across the United States: Now, therefore, be it

That the Senate— (1) designates October 2018 as National Employee Ownership Month ; (2) supports employee-owned businesses; and (3) acknowledges that employee-owned companies have a positive impact on workers, businesses, and communities.