See the PDF to the right for a map and list of pre-convening freshman in Congress. A pre-convening freshman is a Member who won a seat in the general election. This category also includes people who won a special election prior to the first meeting of a new Congress.
Freshman members are important targets for outreach because they may or may not know about ESOPs and Employee Ownership.
The ESOP Association
ESOP Association Resources
Jan. 08
We are encouraged by news reports that President-elect Joseph Biden will nominate Isabel Guzman to lead the Small Business Administration (SBA). As the head of California’s Office of the Small Business Advocate, Guzman has gone on the record stating the important role ESOPs play in helping our nation retain millions of businesses that might otherwise close when their Baby Boomer owners retire—as many are expected to do in the next eight years.
Jan. 06
The ESOP Association congratulates Boston Mayor Marty Walsh on his reported nomination to the position of Secretary of Labor. Mayor Walsh has a history of engaging ESOP companies and encouraging employee ownership, and if he is confirmed, The Association looks forward to working with him and the Biden Administration to advance employee ownership.
Jan. 06
WASHINGTON – The Treasury Department and the Internal Revenue Service issued guidance today allowing deductions for the payments of eligible expenses when such payments would result (or be expected to result) in the forgiveness of a loan (covered loan) under the Paycheck Protection Program (PPP).
Oct. 27
October 27, 2020, Ways and Means Committee Chairman Richard E. Neal (D-MA) and Ranking Member Kevin Brady (R-TX), both ESOP Champions, introduced the Securing a Strong Retirement Act of 2020. This bipartisan legislation seeks to help Americans successfully save for a secure retirement.
Oct. 26
In the midst of the pandemic, companies that are owned by their employees are dramatically outperforming other firms in such key areas as securing employees’ jobs, and maintaining work hours, salary, and workplace health and safety.
Read the key findings >
Read the key findings >
Oct. 15
How ESOP companies are navigating the pandemic, partial plan termination.
Oct. 15
Update on Virtual Regional Meeting, Employee Ownership Month, advocacy update, member spotlight on the VGM Group, and sponsorships for ESOP 2020.
Oct. 08
See this month's ESOP Report—offered exclusively to ESOP Association members—to read about great Employee Ownership Month activities taking place this October, why voting makes you a more powerful ESOP advocate than you might realize, how to overcome adversity through transparency (which doesn't mean giving away trade secrets) and much more!
Oct. 08
Your high level roadmap to the 2020 congressional and gubernatorial elections.