HR 7721
National Worker Cooperative Development and Support Act
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- Passed House
- Passed Senate
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- Became Law
Bill overview
This bill, the National Worker Cooperative Development and Support Act, aims to boost the growth of worker-owned businesses across the United States. It directs various federal agencies to support these businesses through programs, research, and regulatory changes. The bill also establishes a council to coordinate efforts and develop a national strategy for promoting worker cooperatives, alongside providing educational resources and updating existing loan programs. Ultimately, the goal is to foster economic development through a more equitable and cooperative business model.
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Primary sponsor
Cosponsors
Jamaal Bowman
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