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On April 27, the California Assembly Banking and Finance Committee passed AB816, the "Worker Cooperative Corporation Law." The committee's approval marks the first major step toward passing a bill which will advance the creation of new businesses, create jobs, and empower California communities by creating an election for worker cooperatives under the existing Consumer Cooperative Corporation statute. Find more information about the bill on the US Federation of Worker Cooperatives website. Photo courtesy of the Sustainable Economies Law Center.
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Register for our three upcoming webinars: Designing and Conducting Effective Meetings (May 15th), Know Your Industry (May 29th), and Planning for Good Communication (June 17th).
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New Resources from the Democracy at Work Institute
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This resource provides details on the municipal initiatives to support cooperatives currently happening in New York City, Madison, WI and Minneapolis, MN.
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This report discusses how finance institutions can create real impact in their communities by increasing access to capital for worker cooperatives.
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Learn why an owner-driven model has the potential to make worker co-op transitions happen at a speed and scale that has real impact.
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