On Tuesday, Feb. 9, Berkeley City Councilmember Jesse Arreguín (District 4) will introduce a resolution to draft the ordinance, which could also provide tax incentives and educational resources to worker cooperatives.
By Sara Stephens, Sustainable Economies Law Center (SELC) Housing and Cooperatives Attorney
We want to create a worker cooperative…what legal entity should we form?
This is probably the most common question I hear at our Resilient Communities Legal Cafes. Lots of entrepreneurs come to us wanting to form a worker-owned business, but they are unsure what legal structure will work best for them. Are they required to form as a cooperative corporation? What if they’re not ready to incorporate yet? Can they form as an LLC or some other entity and still be a cooperative? What are the benefits and drawbacks of the entity options?Read more
FOR IMMEDIATE RELEASE
Berkeley Passes Resolution Supporting
BERKELEY, CA (February 9, 2016) — On Tuesday, the City of Berkeley made a bold proclamation in support of democratic and equitable workplaces, passing City Councilmember Jesse Arreguín’s “Resolution Supporting the Development and Growth of Worker Cooperatives.”Read more
(Oakland, CA) – Governor Brown announced today that he signed a bill into law to facilitate the creation of worker-owned cooperative businesses in California. The new law, Assembly Bill 816, will remove unnecessary barriers to the creation of new worker cooperatives in California and improve operations for some existing worker cooperatives.
SACRAMENTO, CA—On May 22, the California State Assembly passed AB816, a major step toward making California the twelfth state to establish a legal form specifically for worker cooperatives. This campaign is building on the momentum of worker cooperative policy initiatives happening throughout the country—including a $1.2 million dollar funding initiative in New York City last summer—as the cooperative business form gains recognition as a powerful tool for economic revitalization.