National Worker Cooperative Development and Support Act

This bill directs six federal agencies, including the Small Business Administration, the IRS, Treasury, Commerce, Agriculture, and Labor, to create programs that support worker-owned cooperative businesses, review rules that may block them, help them access capital, and help existing businesses convert to worker ownership. The Secretary of Labor would set up a United States Council on Worker Cooperatives within 180 days to develop a federal strategy and report to Congress each year; the council would end after 10 years. The Small Business Administration would create education materials in multiple languages and do outreach in communities where English is not the main language. The bill limits an SBA intermediary lending pilot program to cooperatives as lenders, extends it for 2026 through 2036, and raises its limit from $20,000,000 to $60,000,000. It also allows certain community development financial institution support to cover education and services for worker-owned cooperatives.

Full text and official record on Congress.gov

Sponsors

• Ro Khanna Democrat sponsor
• 0 cosponsors