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Federal Support for Worker Cooperatives: New Funding and Business Development.

This Act mandates federal agencies to actively support the creation and expansion of businesses owned and controlled by their workers (cooperatives). It requires agencies to remove regulatory hurdles, provide technical assistance, and increase access to financing. This creates new opportunities for workers to gain ownership stakes and control over their workplaces and profits, backed by increased federal resources.
Key points
Federal agencies must implement programs to support worker cooperatives, including providing education, outreach, and assistance for businesses transitioning to employee ownership.
Establishes the U.S. Council on Worker Cooperatives to coordinate federal strategy, identify regulatory barriers, and propose solutions for co-op growth.
Increases funding for the Small Business Intermediary Lending Pilot Program specifically for worker cooperatives, raising the limit to $60 million and extending it until 2036.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_5958
Sponsor: Rep. Khanna, Ro [D-CA-17]
Process start date: 2025-11-07
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OFFICIAL LEGAL TITLE

National Worker Cooperative Development and Support Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_5958.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-11-07.

What are the main provisions?

Key points include:

  • Federal agencies must implement programs to support worker cooperatives, including providing education, outreach, and assistance for businesses transitioning to employee ownership.
  • Establishes the U.S. Council on Worker Cooperatives to coordinate federal strategy, identify regulatory barriers, and propose solutions for co-op growth.
  • Increases funding for the Small Business Intermediary Lending Pilot Program specifically for worker cooperatives, raising the limit to $60 million and extending it until 2036.
What is the specific legal status?

The current status is Introduced.

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 Rep. Khanna, Ro [D-CA-17].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-31.

CATEGORIES

Economy Labor Public Investments