Current Actions http:https://www.congressweb.com/ESCA Fri, 02 May 2025 03:21:58 GMT 119th Congress ESCA Legislation Grassroots Campaign http:https://www.congressweb.com/ESCA/13 <div> <div style="color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; font-size: 12px; background-color: rgb(241, 241, 241);"><strong>INSTRUCTIONS</strong></div> <div style="color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; font-size: 12px; background-color: rgb(241, 241, 241);">&nbsp;</div> <div style="color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; font-size: 12px; background-color: rgb(241, 241, 241);">Thank you for taking action to write to your members of Congress asking them to support S ESOP legislation. Please fill out the required information below to email your Members of Congress asking them to support employee ownership by cosponsoring the&nbsp;<em>Promotion and Expansion of Private Employee Ownership Act&nbsp;</em>when it is introduced this Congress. This legislation will help promote and grow the number of employee-owned companies in America and will:</div> <div style="color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; font-size: 12px; background-color: rgb(241, 241, 241);">&nbsp;</div> <ul style="margin: 0px; padding-right: 0px; padding-left: 25px; list-style-position: outside; color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; font-size: 12px; background-color: rgb(241, 241, 241);"> <li style="list-style-type: disc; padding: 0px;"><strong><em>Incentivize&nbsp;owners of S corporations to sell their stock to an ESOP;</em></strong></li> <li style="list-style-type: disc; padding: 0px;"><strong><em>Provide needed technical assistance for companies that may be interested in forming an S ESOP;</em></strong></li> <li style="list-style-type: disc; padding: 0px;"><strong><em>Ensure small businesses that become&nbsp;ESOPs&nbsp;retain their SBA certification;&nbsp;</em></strong></li> <li style="list-style-type: disc; padding: 0px;"><strong><em>Affirm the importance of preserving the S ESOP structure in the Internal Revenue Code;&nbsp;</em></strong><strong><em>and</em></strong></li> <li style="list-style-type: disc; padding: 0px;"><strong><em>Create an advocate for employee ownership at the U.S. Department of Labor.</em></strong></li> </ul> <div style="color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; font-size: 12px; background-color: rgb(241, 241, 241);">&nbsp;</div> <div style="color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; font-size: 12px; background-color: rgb(241, 241, 241);">The system will prompt you with letters to email your&nbsp;Senators and Representatives that represent the state and district that you live in. There is also a text box which allows you to personalize the letter, explaining in your own words what your ESOP means to you, your family, and your ability to save for retirement. &nbsp;</div> <div style="color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; font-size: 12px; background-color: rgb(241, 241, 241);">&nbsp;</div> <div style="color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; font-size: 12px; background-color: rgb(241, 241, 241);">You do not need to sign or input your name at the end of the letter. This will be done automatically. You can click "preview" to view your final letter. When you are ready to email your legislator, please click SEND at the bottom of the letter form.</div> <div style="color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; font-size: 12px; background-color: rgb(241, 241, 241);">&nbsp;</div> <div style="color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; font-size: 12px; background-color: rgb(241, 241, 241);">We thank you for taking action! Click&nbsp;<strong>Write Your Legislator Today</strong>&nbsp;to get started.</div> </div> Thu, 03 Apr 2025 04:00:00 GMT http:https://www.congressweb.com/ESCA/13