H.R. 2437: Creating Jobs Through Cooperatives Act

Introduced:
Jun 19, 2013
Status:
Referred to Committee on Jun 19, 2013
Prognosis
1% chance of being enacted
Track this bill

This bill was assigned to a congressional committee on June 19, 2013, which will consider it before possibly sending it on to the House or Senate as a whole.

Introduced
Jun 19, 2013
Reported by Committee
Passed House
Passed Senate
Signed by the President
 
Sponsor
Chaka Fattah
Representative for Pennsylvania's 2nd congressional district
Party
Democrat
Text
Read Text »
Last Updated
Jun 19, 2013
Length
12 pages
 
Full Title

To authorize the Secretary of Housing and Urban Development to establish a national program to create jobs and increase economic development by promoting cooperative development.

Summary

No summaries available.

 
Prognosis

7% chance of getting past committee.
1% chance of being enacted.

Only 11% of bills made it past committee and only about 3% were enacted in 2011–2013. [show factors | methodology]

Cosponsors
none
Committees

House Financial Services

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


6/19/2013--Introduced.
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.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

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