---------- Forwarded message ---------- From: Marguerite Mendell <[email protected]> *De :* New York City Network of Worker Cooperatives [ mailto:[email protected] <[email protected]>] *De la part de* New York City Network of Worker Cooperatives *Envoyé :* 27 février 2015 10:07 *À :* reliess *Objet :* PRESS RELEASE: Intro 423 Passed!!! Intro 423 Passed!!! Para leer en español <http://nycworker.us5.list-manage.com/track/click?u=19f5b0c3bd009045f8622438d&id=a9f30da3a3&e=fde24907a5> *FOR IMMEDIATE RELEASE:* Intro 423 Passed!!! New York, NY - February 27, 2015 Today, NYC NOWC and the NYC worker cooperative community passed its first piece of legislation in a generation. With 49 in the affirmative, 2 absent, and 0 in the negative, Intro 423 passed at 2:30 PM on February 26, 2015. Under the new law, New York City will now issue annual reports on the amount of goods and services it purchases from democratic, worker-controlled businesses; and recommendations on how to lower barriers for worker cooperative participation in city procurement. A press rally on February 25, 2015 preceded the vote––with speeches from Council Members Helen Rosenthal and Carlos Menchaca, as well as representatives from NYC NOWC (pronounced *nick nock*), FPWA, Green Worker Cooperatives, Beyond Care, Pa'lante Green Cleaning, and Diaspora Destinations. The bill's sponsors included: Helen K. Rosenthal, Carlos Menchaca, Maria Del Carmen Arroyo, Margaret S. Chin, Peter A. Koo, Mark Levine, Rosie Mendez, Antonio Reynoso, Ydanis A. Rodriguez, Stephen T. Levin, Annabel Palma, Robert E. Cornegy, Jr., Costa G. Constantinides, Brad S. Lander, Jumaane D. Williams, Vanessa L Gibson, James Vacca, Daniel R. Garodnick, Daniel Dromm, and James G. Van Bramer. The bill originated from City Council's Committee on Community Development. For a copy of the law, download the bill from this link: http://legistar.council.nyc.gov/View.ashx?M=F&ID=3604573&GUID=92A7A21F-470B-... <http://nycworker.us5.list-manage.com/track/click?u=19f5b0c3bd009045f8622438d&id=63def390c8&e=fde24907a5> For full details on the bill and passage, visit: http://legistar.council.nyc.gov/LegislationDetail.aspx?ID=1853950&GUID=917F9... <http://nycworker.us5.list-manage.com/track/click?u=19f5b0c3bd009045f8622438d&id=a4dc4fc0a2&e=fde24907a5> Today's legislation is one piece of a larger policy agenda that includes eliminating city and state taxes on retained earnings for democratic worker-owned businesses, exempting business owners who transfer their businesses to democratic worker ownership from city and state capital gains taxes, and statutory protections for democratic worker-owned businesses. The New York City Network of Worker Cooperatives is a 501(c)(6) not-for-profit business association of worker cooperatives in the New York City metropolitan area. Contact: Christopher Michael, Executive Director NYC Network of Worker Cooperatives 244 Fifth Avenue, #C230 New York, NY 10001 (212) 678-2397 [email protected] ### *Copyright © 2015 NYC Network of Worker Cooperatives, All rights reserved.* You are receiving this email because you are a press contact for NYC NOWC. *Our mailing address is:* NYC Network of Worker Cooperatives 244 Fifth Avenue, Suite C230 New York, NY 10001 Add us to your address book <http://nycworker.us5.list-manage.com/vcard?u=19f5b0c3bd009045f8622438d&id=cf11ed0b50> unsubscribe from this list <http://nycworker.us5.list-manage.com/unsubscribe?u=19f5b0c3bd009045f8622438d&id=cf11ed0b50&e=fde24907a5&c=b5121710d0> update subscription preferences <http://nycworker.us5.list-manage.com/profile?u=19f5b0c3bd009045f8622438d&id=cf11ed0b50&e=fde24907a5> [image: Web Bug from http://nycworker.us5.list-manage.com/track/open.php?u=19f5b0c3bd009045f86224...]