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Recognizing Co-ops: October Designated as National Cooperative Month

The US Senate supports designating October 2024 as National Co-Op Month, recognizing the vital role of the cooperative business model in the economy. This resolution highlights structures where citizens are member-owners, exercising democratic control over businesses like credit unions, utility providers, and agricultural firms, leading to profit sharing and better service access. The Senate also commits to considering the interests of cooperatives when drafting future legislation, aiming to protect this model from adverse effects.
Key points
Official recognition of October 2024 as National Co-Op Month, raising awareness of this member-owned business structure.
Empowering citizens as owners: Cooperatives grant members voting rights and a share in profits through dividends or cost-saving programs.
Legislative protection: The Senate pledges caution when creating new laws to avoid negatively impacting cooperatives, especially those providing essential services like electricity and broadband in rural areas.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_SRES_922
Sponsor: Sen. Smith, Tina [D-MN]
Process start date: 2024-12-05
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A resolution expressing support for the designation of October 2024 as "National Co-Op Month" and commending the cooperative business model and the member-owners, businesses, employees, farmers, ranchers, and practitioners who use the cooperative business model to positively impact the economy and society.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_SRES_922.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-12-05.

What are the main provisions?

Key points include:

  • Official recognition of October 2024 as National Co-Op Month, raising awareness of this member-owned business structure.
  • Empowering citizens as owners: Cooperatives grant members voting rights and a share in profits through dividends or cost-saving programs.
  • Legislative protection: The Senate pledges caution when creating new laws to avoid negatively impacting cooperatives, especially those providing essential services like electricity and broadband in rural areas.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Smith, Tina [D-MN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy Agriculture