VA HB1762 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 40-1)
Status: Introduced on December 21 2018 - 25% progression, died in committee
Action: 2019-02-05 - Left in Commerce and Labor
Pending: House Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Worker cooperatives. Establishes worker cooperatives as a category of cooperative associations. A worker cooperative is a stock corporation that has elected to be governed by provisions established by this measure, which include (i) conducting its business primarily for the mutual benefit of its members, (ii) allowing only current and retired employees to be members, (iii) limiting voting rights to current employees, (iv) providing that each employee is entitled to one vote, and (v) requiring that net earnings be paid or credited to members in accordance with the ratio that each member's amount of work performed during a period bears to the total amount of work performed by all members during that period.

Tracking Information

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Title

Worker cooperatives; established as a category of cooperative associations.

Sponsors


Roll Calls

2019-01-22 - House - House: Subcommittee failed to recommend reporting (2-Y 5-N) (Y: 2 N: 5 NV: 1 Abs: 0) [FAIL]

History

DateChamberAction
2019-02-05HouseLeft in Commerce and Labor
2019-01-22HouseSubcommittee failed to recommend reporting (2-Y 5-N)
2019-01-10HouseAssigned C & L sub: Subcommittee #2
2018-12-21HouseReferred to Committee on Commerce and Labor
2018-12-21HousePrefiled and ordered printed; offered 01/09/19 19100246D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
131301(n/a)See Bill Text
131307(n/a)See Bill Text
131308(n/a)See Bill Text
131346(n/a)See Bill Text
131355(n/a)See Bill Text

Virginia State Sources


Bill Comments

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