Bill 118 HRES 828, also known as the "National Co-Op Month" resolution, aims to designate October 2023 as a month to celebrate and recognize the cooperative business model. The bill highlights the positive impact that cooperatives have on the economy and society, acknowledging the member-owners, businesses, employees, farmers, ranchers, and practitioners who utilize this model.
Cooperatives are unique businesses that are owned and operated by their members, who have a say in the decision-making process. These member-owners work together to achieve common goals and share in the profits. The bill commends the cooperative business model for its ability to empower individuals and communities, promote economic stability, and foster a sense of cooperation and collaboration.
The resolution emphasizes the importance of recognizing and supporting cooperatives, as they play a vital role in various industries such as agriculture, finance, healthcare, and retail. By highlighting the contributions of cooperatives to the economy and society, the bill aims to raise awareness and promote the growth of cooperative businesses.
Overall, Bill 118 HRES 828 seeks to celebrate the cooperative business model and the individuals who utilize it to make a positive impact on their communities. By designating October 2023 as "National Co-Op Month," the resolution aims to honor and promote the values of cooperation, collaboration, and community empowerment.