,i #aahth ,,congress #b;d ,session ,h4 ,r4 #ggba ,,in ,,the ,,house ,,of ,,representatives ,march #ai1 #bjbd,mr4 ,khanna 7for himself1 ,mr4 ,bowman1 and ,ms4 ,tlaib7 introduced the following bill2 which was referred to the ,committee on ,small ,business1 and in addition to the ,committees on ,financial ,services1 and ,energy and ,commerce1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to direct the heads of certain ,federal agencies to develop and support worker-owned cooperative businesses1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,national ,worker ,cooperative ,development and ,support ,act4 #b4 ,promotion of worker-owned cooperative business by certain agencies ,the head of each covered agency shall-- 7#a7 implement programs and initiatives to support and expand worker-owned cooperative businesses2 7#b7 periodically review existing regulations and propose revisions to such regulations to remove barriers that impede the formation and expansion of worker-owned cooperative businesses2 7#c7 facilitate access to capital for worker-owned cooperative businesses1 including-- 7,a7 exploring innovative financing options2 and 7,b7 using existing programs to support worker-owned cooperative businesses2 7#d7 coordinate with the ,united ,states ,council on ,worker ,cooperatives established under section #d2 7#e7 develop1 use1 and contribute to the ,federal strategy described in section #d7;d77#a72 7#f7 conduct and support research with respect to-- 7,a7 the economic impact of worker-owned cooperative businesses2 7,b7 barriers to growth for worker-owned cooperative businesses2 and 7,c7 the effectiveness of existing programs that relate to worker-owned cooperative businesses2 7#g7 provide education1 outreach1 and technical assistance to assist existing businesses to transition to worker-owned cooperative businesses2 7#h7 engage with businesses1 nonprofit organizations1 and academic institutions to identify best practices to enhance the use worker-owned cooperative businesses2 and 7#i7 provide relevant training for ,federal workers to integrate worker-owned cooperative businesses into existing systems of ,federal ,government4 #c4 ,education and outreach relating to worker-owned cooperative business ,the ,administrator of the ,small ,business ,administration shall-- 7#a7 develop educational materials relating to worker-owned cooperative businesses that are-- 7,a7 accessible online and in print2 and 7,b7 translated into multiple languages2 and 7#b7 implement an outreach program relating to worker-owned cooperative businesses in communities where ,english is not the predominant language4 #d4 ,establishment of the ,united ,states ,council on ,worker ,cooperatives 7a7 ,in general ,not later than #ahj days after the date of enactment of this section1 the ,secretary of ,labor shall establish the ,united ,states ,council on ,worker ,cooperatives 7in this section referred to as the ,council7 to coordinate1 across the ,federal ,government1 activities relating to the formation and expansion of worker-owned cooperative businesses4 7b7 ,chair ,the ,secretary of ,labor shall-- 7#a7 serve as the chair of the ,council2 or 7#b7 appoint a designee to serve as the chair of the ,council4 7c7 ,members ,the ,council shall be comprised of the following members3 7#a7 ,the ,administrator of the ,small ,business ,administration4 7#b7 ,the ,commissioner of ,internal ,revenue4 7#c7 ,the ,secretary of the ,treasury4 7#d7 ,the ,secretary of ,commerce4 7#e7 ,a representative from the ,national ,economic ,council4 7#f7 ,the ,director of the ,domestic ,policy ,council4 7#g7 ,a representative chosen by the ,secretary of ,agriculture to represent the ,interagency ,working ,group on ,cooperative ,development of the ,department of ,agriculture1 as established under section #caj;,b7e77#ab7 of the ,consolidated ,farm and ,rural ,development ,act 7#g ,u4,s4,c4 #aicb7;e77#ab774 7#h7 ,any other members as determined by the ,secretary of ,labor4 7d7 ,responsibilities ,the ,council shall-- 7#a7 develop a ,federal strategy to incorporate worker-owned cooperative businesses as a tool for national economic development2 7#b7 identify regulatory barriers within the ,federal ,government to the formation and expansion of worker-owned cooperative businesses2 7#c7 propose solutions to the barriers identified in paragraph 7#b7 to form and expand worker-owned cooperative businesses in the ,united ,states2 and 7#d7 coordinate-- 7,a7 the availability of data and research relating to-- 7i7 barriers to entry for the creation of worker-owned cooperative businesses2 and 7ii7 benefits of worker-owned cooperative businesses2 7,b7 educational initiatives across ,federal agencies to increase awareness and understanding of the worker-owned cooperative business model2 and 7,c7 between existing and future initiatives relating to worker-owned cooperative businesses to avoid duplication or conflicting objectives4 7e7 ,report ,not later than #b years after the date of enactment of this section1 and each year thereafter1 the ,council shall submit to the ,congress and publish on a public website a report that includes a description of-- 7#a7 any progress made by the ,council with respect to the responsibilities described in subsection 7d72 7#b7 policy recommendations relating to the promotion of the formation and expansion of worker-owned cooperative businesses2 and 7#c7 the successes1 best practices1 and challenges that ,federal agencies have in the promotion of the formation and expansion of worker-owned cooperative businesses and initiatives4 7f7 ,sunset ,the ,council shall terminate on the date that is #aj years after the date of enactment of this section4 #e4 ,small business intermediary lending pilot program for worker-owned cooperative business ,section #g7l7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7l77 is amended-- 7#a7 in paragraph 7#a71 by striking subparagraph 7,a7 and inserting the following3 7,a7 the term #8eligible intermediary' means a cooperative 7as defined in subsection 7a77#ce772 and 2 and 7#b7 in paragraph 7#d77;,g7-- 7,a7 by striking 8#bjaa1 #bjab1 and #bjac0 and inserting 8#bjbd through #bjcd02 and 7,b7 in clause 7ii71 by striking 8#bj1jjj1jjj0 and inserting 8#fj1jjj1jjj04 #f4 ,,cdfi education and guidance about the value of worker-owned cooperative business ,section #ajh7;b77#a7 of the ,riegle ,community ,development and ,regulatory ,improvement ,act of #aiid 7#ab ,u4,s4,c4 #dgjg7;b77#a77 is amended-- 7#a7 in subparagraph 7,e77ii77,,ii71 by striking and at the end2 7#b7 by redesignating subparagraph 7,f7 as subparagraph 7,g72 and 7#c7 by inserting after subparagraph 7,e7 the following3 7,f7 the provision of education and facilitation of services to assist in the establishment and management of worker-owned cooperative businesses2 and 4 #g4 ,definitions ,in this ,act3 7#a7 ,covered agency ,the term covered agency means the following3 7,a7 ,the ,small ,business ,administration4 7,b7 ,the ,internal ,revenue ,service4 7,c7 ,the ,department of the ,treasury4 7,d7 ,the ,department of ,commerce4 7,e7 ,the ,department of ,agriculture4 7,f7 ,the ,department of ,labor4 7#b7 ,worker-owned cooperative business ,the term worker-owned cooperative business means-- 7,a7 any entity that is-- 7i7 organized under a ,state law relating to worker cooperatives2 and 7ii7 majority owned or controlled by employees of such entity2 or 7,b7 an eligible worker-owned cooperative1 as such term is defined in section #ajdb7;c7 of the ,internal ,revenue ,code of #aihf4