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Support for Cooperatives: Recognizing Their Role in Economy and Communities.

This House Resolution expresses support for cooperatives, acknowledging their contribution to the economy and job creation. It highlights how cooperatives, from agricultural to housing and financial, help citizens access services, support local communities, and offer alternative business models that can improve quality of life and financial stability.
Key points
Agricultural cooperatives help farmers increase incomes, provide market and resource access, and create over 250,000 jobs in rural areas.
Utility cooperatives (e.g., electric, water, telecommunications) deliver essential services in rural areas where traditional companies often don't operate, serving millions of homes and businesses.
Housing and credit cooperatives offer alternative forms of ownership and access to financing, potentially leading to more stable and affordable housing solutions and better financial terms for members.
The resolution emphasizes that future legislation should not adversely affect the cooperative business model, aiming to protect their ability to continue supporting citizens and the economy.
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Additional Information
Print number: 118_HRES_828
Sponsor: Rep. Pocan, Mark [D-WI-2]
Process start date: 2023-10-30