National Worker Cooperative Development and Support Act
This bill establishes federal support for worker-owned cooperative businesses - entities owned and controlled by their employees. It creates the United States Council on Worker Cooperatives (under the Department of Labor) to coordinate agency efforts, identify regulatory barriers, and develop a national strategy. Covered agencies (like the SBA, Treasury, and Agriculture) must remove obstacles, provide capital access, offer education, and integrate cooperatives into federal programs. The bill also expands a small business lending pilot program for cooperatives with increased funding ($60 million annually through 2034) and requires multilingual outreach materials. The Council will operate for 10 years, reporting annually to Congress on progress and challenges.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
President
Introduced Mar 19, 2024
Last action Mar 19, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 19, 2024
Committee
Referred to the Committee on Small Business, and in addition to the Committees on Financial Services, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Mar 19, 2024
Introduced
Introduced in House
lower
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ro Khanna
DDemocratic
Co
Jamaal Bowman
DDemocratic
Co
Rashida Tlaib
DDemocratic
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