S.Res. 665 — Introduced in Senate

III 115th CONGRESS 2d Session S. RES. 665 IN THE SENATE OF THE UNITED STATES October 2 (legislative day, September 28), 2018Ms. 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.