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H.R. 3677 · 112th Congress

National Cooperative Development Act

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

13 cosponsors · 13 D

National Cooperative Development Act - Directs the Secretary of Housing and Urban Development (HUD) to: (1) establish a National Cooperative Development Program to create jobs and increase economic development in underserved areas by promoting cooperative development; and (2) select, through a competitive process and enter into a grant agreement with, a…

What it does: CRS summary · Introduced in House · Dec 15, 2011

National Cooperative Development Act - Directs the Secretary of Housing and Urban Development (HUD) to: (1) establish a National Cooperative Development Program to create jobs and increase economic development in underserved areas by promoting cooperative development; and (2) select, through a competitive process and enter into a grant agreement with, a national cooperative development center.

Defines "cooperative organization" as an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned and democratically controlled enterprise.

Defines "cooperative development" as specified technical assistance for the establishment of cooperative organizations.

Requires the national center to select local cooperative development centers.

Authorizes the national center to establish up to three local cooperative development centers in each of FY2012-FY2016.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: National Cooperative Development Act

Latest action (Jan 12, 2012): Referred to the Subcommittee on Insurance, Housing and Community Opportunity.

Policy area: Housing and Community Development · Origin: House · Introduced: Dec 15, 2011

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.