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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Creating Jobs Through Cooperatives Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To authorize the Secretary of Housing and Urban Development to establish a national program to create jobs and increase economic development by promoting cooperative development.


Actions Overview (1)

Date
06/19/2013 Introduced in House

All Actions (2)

Date
06/19/2013 Referred to the House Committee on Financial Services.
Action By: House of Representatives
06/19/2013 Introduced in House
Action By: House of Representatives

Cosponsors (0)

No cosponsors.


Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Financial Services06/19/2013 Referred to

Related Bills (0)

No related bill information was received for H.R.2437.

Subjects (9)

  • Business investment and capital
  • Community life and organization
  • Credit and credit markets
  • Economic development
  • Housing and community development funding
  • Minority and disadvantaged businesses
  • Performance measurement
  • Women in business

Latest Summary (1)

There is one summary for H.R.2437. View summaries

Shown Here:
Introduced in House (06/19/2013)

Creating Jobs Through Cooperatives Act - Directs the Secretary of Housing and Urban Development (HUD) to establish a National Cooperative Development Program to create jobs and increase economic development in eligible project areas by promoting cooperative development.

Defines "eligible project areas" as those located within:

  • a census tract defined as low- or moderate-income by the Census Bureau;
  • a population census tract treated as a low-income community under the Internal Revenue Code; or
  • areas adjacent or close to areas that meet either requirement, and are given special HUD approval to be classified as eligible project areas. (Requires the Secretary to limit the number of funded projects located in these areas.)

Defines "cooperative development" as specified technical assistance for the establishment of cooperative organizations, which are autonomous associations of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned and democratically controlled enterprise.

Authorizes the Secretary, through a competitive process, to make one- to -five-year grants to local cooperative development centers.