Political Quotes

Mark Kennedy: I too rise in support of the Stock Option Accounting Reform Act. This is about innovation that drives our economy. So…

On the recordJuly 20, 2004
I too rise in support of the Stock Option Accounting Reform Act. This is about innovation that drives our economy. So many businesses have stock options as a primary tool to get the innovative juices of their employees going. It also really helps align the employees of the company with the interests of the company, moving it forward, helping it to be competitive. This is a prime source of our innovation and success here in America. We do not need to limit it beyond the top five officers, as this does. If we went ahead with expensing stock options, the volatility and uncertainty, I think, would end the use of stock options and be detrimental to our economy. So I do believe that we have to move forward to protect this innovative source of energy in our economy, keep our small businesses creating the new jobs of the future, keep America at the cutting edge, keep employees motivated and aligned with the interests of their enterprises, and this, in the end, will be good for America and good the American economy.
Said by
Mark Kennedy
Minnesota

Editor's note · Context

Supporting the Stock Option Accounting Reform Act and its impact on innovation and the economy.

Share

More from Mark Kennedy

May 23, 2006

At the chairman's request, I will withdraw my amendment under the agreement that in the future and once this program has been further defined by the USDA, that we work together to make sure that it becomes funded at the level necessary to…

govinfo.gov
May 23, 2006

Would the gentleman stipulate that the previously appropriated funds are going to be sufficient to cover any amounts going under this program during fiscal year 2007?

govinfo.gov
Feb 1, 2005

I grew up as a minority; not in the traditional sense, but as an Irish Catholic in the land of Scandinavian Lutherans. The option of attending Catholic schools was not really available to my family, until we attended college. When that…

govinfo.gov
May 23, 2006

as a representative from Minnesota's largest dairy-producing region, I have been a strong advocate for working with the Federal Government to protect my State's dairy producers and ranchers. With 30,000 cattle producers representing a $2…

govinfo.gov

Other voices in this conversation