US HB2437 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 19 2013 - 25% progression, died in committee
Action: 2013-06-19 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 19 2013 - 25% progression, died in committee
Action: 2013-06-19 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Creating Jobs Through Cooperatives Act - Directs the Secretary of Housing and Urban Development (HUD) to establish a National Cooperative Development Program to create jobs and increase economic development in eligible project areas by promoting cooperative development. Defines "eligible project areas" as those located within: a census tract defined as low- or moderate-income by the Census Bureau; a population census tract treated as a low-income community under the Internal Revenue Code; or areas adjacent or close to areas that meet either requirement, and are given special HUD approval to be classified as eligible project areas. (Requires the Secretary to limit the number of funded projects located in these areas.) Defines "cooperative development" as specified technical assistance for the establishment of cooperative organizations, which are autonomous associations of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned and democratically controlled enterprise. Authorizes the Secretary, through a competitive process, to make one- to -five-year grants to local cooperative development centers.
Title
Creating Jobs Through Cooperatives Act
Sponsors
Rep. Chaka Fattah [D-PA] |
History
Date | Chamber | Action |
---|---|---|
2013-06-19 | House | Referred to the House Committee on Financial Services. |
Subjects
Business investment and capital
Community life and organization
Credit and credit markets
Economic development
Housing and community development
Housing and community development funding
Minority and disadvantaged businesses
Performance measurement
Women in business
Community life and organization
Credit and credit markets
Economic development
Housing and community development
Housing and community development funding
Minority and disadvantaged businesses
Performance measurement
Women in business
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/2437/all-info |
Text | https://www.congress.gov/113/bills/hr2437/BILLS-113hr2437ih.pdf |