National Worker Cooperative Development Act: What It Means for Employee Ownership

A proposed federal bill, the National Worker Cooperative Development and Support Act, aims to expand worker cooperatives by reducing regulatory barriers and increasing access to technical assistance and funding. The legislation would establish a federal interagency council, provide grants for cooperative development, and improve data collection to better support worker-owned businesses nationwide. If passed, the proposal could strengthen employee ownership pathways, especially for small businesses and underserved communities.

Read the full article here: https://www.nceo.org/employee-ownership-blog/two-new-proposals-in-congress-to-promote-employee-ownership