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HR 5958119th CongressIn Committee
National Worker Cooperative Development and Support Act
Introduced: Nov 7, 2025
Sponsor: Rep. Khanna, Ro [D-CA-17] (D-California)
Economy & TaxesFinancial ServicesLabor & Employment
Standard Summary
Comprehensive overview in 1-2 paragraphs
The National Worker Cooperative Development and Support Act establishes a federal council to coordinate initiatives promoting worker-owned cooperatives, directs agencies to remove regulatory barriers, expand access to capital, and provide technical assistance for cooperative business formation and growth.
Key Points
- 1Creates the United States Council on Worker Cooperatives under the Department of Labor to develop a national strategy
- 2Amends Small Business Act to include cooperatives as eligible intermediaries for lending programs with increased funding
- 3Requires federal agencies to review regulations and provide education/outreach to support cooperative business models
Impact Areas
Worker-owned cooperative businessesSmall business development programsFederal agency regulatory frameworksEmployees transitioning to business ownership
Generated by legislative-analyzer-v3 on Nov 14, 2025