Governor Brown Signs California Worker Cooperative Act, AB 816
(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.
CA Worker Coop Act Advances!
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.