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S.Res. 665 - Designating October 2018 as “National Employee Ownership Month”.

Introduced: 2018-10-02
Bill Status: Referred to the Committee on the Judiciary. (text of measure as introduced: CR S6450-6451)
 
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Full Text


115th CONGRESS
2d Session
S. RES. 665


    Designating October 2018 as “National Employee Ownership Month”.


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

Resolved, 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.


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