[P2P-F] Fwd: TR: PRESS RELEASE: Intro 423 Passed!!!

Michel Bauwens michel at p2pfoundation.net
Wed Mar 4 15:24:54 CET 2015

---------- Forwarded message ----------
From: Marguerite Mendell <marguerite.mendell at concordia.ca>

*De :* New York City Network of Worker Cooperatives [
mailto:info=nycworker.coop at mail186.atl81.rsgsv.net
<info=nycworker.coop at mail186.atl81.rsgsv.net>] *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


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

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:


For full details on the bill and passage, visit:


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.

Christopher Michael, Executive Director
NYC Network of Worker Cooperatives
244 Fifth Avenue, #C230
New York, NY 10001
(212) 678-2397
chris at nycworker.coop


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