[Congressional Record (Bound Edition), Volume 158 (2012), Part 1]
[Extensions of Remarks]
[Pages 1422-1423]
[From the U.S. Government Publishing Office, www.gpo.gov]




                     HONORING JAMES ``JIM'' SCHRANZ

                                 ______
                                 

                           HON. RALPH M. HALL

                                of texas

                    in the house of representatives

                       Thursday, February 9, 2012

  Mr. HALL. Mr. Speaker, I rise today to honor James ``Jim'' Schranz 
for his tireless efforts to promote and expand retirement security for 
all Americans. Jim has played an integral role in the formation of the 
Employee-

[[Page 1423]]

owned S Corporations of America (ESCA) and will soon be stepping down 
from his role as the founding Treasurer to fully enjoy his retirement 
with his wife Nancy.
  After earning his MBA from the Cox School of Business at Southern 
Methodist University, Jim began working at Austin Industries, rising to 
Vice President of Human Resources. In 1998, he took on the role of 
Treasurer with ESCA where he used his knowledge of this important and 
unique retirement savings vehicle to help protect and expand it to 
other businesses across Texas and the United States. Through ESCA's 
efforts, Members of Congress have become better educated about 
retirement savings benefits created by private, employee-owned 
companies for their employee-owners. Jim has been instrumental in the 
fight to prevent inadvertent harm to S corporation Employee Share 
Ownership Plans (ESOPs), particularly in the days of pension reform. 
His retirement is well-deserved.
  Mr. Speaker and colleagues, please join me in honoring Jim Schranz 
and wishing him all the best as he retires.

                          ____________________