Wednesday, August 26, 2009

ComSonics Goes to Washington

Since legislation has been a recent topic here, we thought we would share a few stories from ESOP Association members who have visited with members of Congress. The following article ran in the July/August 2009 issue of the ESOP Report.   ComSonics, Inc. of Harrisonburg, VA sent their usual large delegation this spring to the Annual Conference in Washington, DC. However, they did not simply remain in the confines of the Conference hotel. Instead, they fought the battle of...

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Thursday, August 20, 2009

Advocating Employee Ownership Through ESOPs - GET ON THE BANDWAGON!

Want to know what you can do to help ESOPs? Download a copy of the Advocacy Kit from the website along with a copy of the Congressional Company Visit Kit and start reading.    The Advocacy Kit provides specific information on issues of interest to The ESOP Association and its members as well as step by step instructions for contacting a member of Congress and what to say. The Congressional Company Visit Kit walks through the reasons for hosting a company visit and how to...

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Monday, August 17, 2009

ESOP Companies Outperform Stock Market in 2008

We wanted to share with readers the following press release which was sent out by the Employee Ownership Foundation this morning regarding the results of the recent Economic Performance Survey.   For Immediate Release: August 17, 2009   For More Information: Amy Gwiazdowski, 202/293-2971, amy@esopassociation.org   ESOP Companies Outperform Stock Market in 2008 In Survey, 88.5% of ESOP Association Members Report Better Performance Than Stock Market   August 17, 2009...

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Friday, August 14, 2009

Employee Ownership Month 2009 - Get Your Press & Event Planning Kit Today

  What Will YOU Be Doing?  Every October, for over 20 years, The ESOP Association and its members have been celebrating Employee Ownership Month (EOM). Each summer, the Press & Event Planning Kit, which highlights EOM activities of members, is shared with all corporate members of the Association to help in planning events. To download your copy of the 2009 Press & Event Planning Kit, follow this link - http://www.esopassociation.org/.   A link to...

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Wednesday, August 12, 2009

Health Care Debate Muddies Water

This article originally ran in the July/August issue of the ESOP Report as the Washington Report. We wanted to share the column with blog readers as we thought it was very timely.    We also wanted to remind members that now is the time to speak with members of Congress about S. 1612, the ESOP Promotion and Improvement Act of 2009 introduced last week by Senator Blanche L. Lincoln (D-AR).   Two things: First, seldom does one’s issue literally push everything...

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Friday, August 07, 2009

New Pro-ESOP Promotion Proposal Introduced in Senate

We wanted to share with everyone the following email which was sent out by The ESOP Association this morning about new pro-ESOP legislation introduced by Senator Blanche L. Lincoln (D-AR) on August 6, 2009.   Additional information will be available on the Association’s website.   ESOP Legislative Bulletin New Pro-ESOP Promotion Proposal Introduced in Senate   On August 6, 2009, Senator Blanche L. Lincoln (D-AR) introduced S. 1612, the ESOP Promotion and Improvement...

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Wednesday, August 05, 2009

The ESOP Association’s Advisory Committee on Legislative and Regulatory Issues Submits Comments to Internal Revenue Services Employee Plan Division

The ESOP Association’s Advisory Committee on Legislative and Regulatory Issues submitted comments on June 30, 2009 to the Internal Revenue Services Employee Plan Division.   The comments addressed very technical issues related to the appropriate actions by an ESOP sponsor to comply with all laws and regulations under the enforcement jurisdiction of the Department of Treasury and IRS with regard to tax qualified, deferred compensation plans. If you would like a copy of the comments...

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