R 242
2019 -- S 0815
Enacted 04/30/2019

S E N A T E   R E S O L U T I O N

Introduced By: Senators Cano, Nesselbush, Ruggerio, Ciccone, and Bell
Date Introduced: April 30, 2019

     WHEREAS, Worker-owned cooperatives are business enterprises that are owned and
governed by their employees and have two common characteristics, member-owners invest in and
own the business together and share the enterprise's profits, and decision-making is democratic,
with each member having one vote; and
     WHEREAS, In 2012, the United Nations declared "The Year of Cooperatives" and
encouraged governments "to establish policies, laws, and regulations conducive to cooperative
formation and growth"; and
     WHEREAS, Rhode Island provided for the creation of Worker-Owned Cooperatives as a
recognized form of business incorporation with unique characteristics, through legislation that
allows workers and investors to form workers' cooperatives and specifically aimed at
empowering workers; and
     WHEREAS, Worker-Owned Cooperatives have a long and proud history of building
wealth, security, equality, resiliency, solidarity, and hope for individuals and families, especially
in those communities and among those populations historically disadvantaged; and
     WHEREAS, Because Worker-Owned Cooperatives are owned by their workers, they
concentrate as much on creating lasting and meaningful employment and good, healthy working
conditions as they do on generating profits for the owners/workers; and
     WHEREAS, Worker-Owned Cooperatives have as their express purpose and charter the
increase of equity, participation in democratic governance, control of working conditions,
security, and control of economic destiny for their members; and
     WHEREAS, The diverse communities of Rhode Island offer myriad opportunities for
entrepreneurship, innovation, development, and investment by Worker-Owned Cooperatives,
whose members hail directly from those communities and whose business activities directly serve
those communities and whose actions are directly accountable to those communities; and
     WHEREAS, Conversion of businesses to Worker-Owned Cooperatives to avoid closure
or sale to out-of-state entities, represents a sound and creative response by this State to the
inevitable retirement of Rhode Island small business owners; now, therefore be it
     RESOLVED, That this Senate of the State of Rhode Island and Providence Plantations
hereby proclaims April 30, 2019, as "The State Day of the Cooperative" in order to celebrate and
promote the proliferation and growth of Worker-Owned Cooperatives in our State - businesses
which have demonstrated the ability to bring "the economic benefits of a fulfilling life with a
good job" along with dignity and self-determination, to individuals and communities around the
State; and be it further
     RESOLVED, That the Secretary of State be and hereby is authorized and directed to
transmit a duly certified copy of this resolution to Fuerza Laboral/Power of Workers.