Bill 118 sres 922 is a resolution that aims to designate October 2024 as "National Co-Op Month" in order to recognize and celebrate the cooperative business model. The resolution highlights the importance of cooperatives in positively impacting the economy and society, and commends the member-owners, businesses, employees, farmers, ranchers, and practitioners who utilize this model.
Cooperatives, or co-ops, are businesses that are owned and operated by their members, who share in the profits and decision-making processes. This model allows for a more democratic and equitable distribution of resources and benefits among all stakeholders. The resolution acknowledges the significant contributions that co-ops make to the economy by creating jobs, supporting local communities, and promoting sustainable practices.
By designating October 2024 as "National Co-Op Month," this resolution seeks to raise awareness about the cooperative business model and its positive impact on society. It encourages individuals and organizations to support and promote cooperatives as a viable and effective way to do business. Overall, Bill 118 sres 922 emphasizes the importance of cooperatives in fostering a more inclusive and sustainable economy for all.