Full Text of HB3663 101st General Assembly
HB3663ham001 101ST GENERAL ASSEMBLY | Rep. Carol Ammons Filed: 3/13/2019
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| 1 | | AMENDMENT TO HOUSE BILL 3663
| 2 | | AMENDMENT NO. ______. Amend House Bill 3663 on page 1, line | 3 | | 5, by changing "Limited" to "Limited Worker"; and
| 4 | | on page 2, by inserting immediately below line 23 the | 5 | | following: | 6 | | ""Candidate" means a worker who is being considered for | 7 | | membership in a worker cooperative, as defined in the | 8 | | cooperative association's articles or bylaws."; and | 9 | | on page 2, line 25, by deleting "elects to be a worker | 10 | | cooperative"; and
| 11 | | on page 3, by replacing line 1 with the following:
| 12 | | "only has one class of members consisting of"; and
| 13 | | on page 3, line 4, by deleting "patron"; and
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| 1 | | on page 3, by replacing line 16 with the following: | 2 | | ""Multi-stakeholder cooperative" means a cooperative | 3 | | organized under this Act that has different classes of members | 4 | | whose rights and proprietary interests shall be determined by | 5 | | the articles or bylaws. At least 51% of the members shall be | 6 | | worker-members or candidates. A multi-stakeholder cooperative | 7 | | is a worker cooperative for purposes of this Act. | 8 | | "Worker cooperative" means a"; and | 9 | | On page 3, by replacing lines 21 through 24 with the following:
| 10 | | "be organized as a worker cooperative does not create a | 11 | | presumption that workers are employees of the corporation for | 12 | | any purposes. A worker cooperative formed under this Act may | 13 | | include additional classes of members whose rights and | 14 | | proprietary interests shall be determined by the articles or | 15 | | bylaws. At least 51% of the workers shall be worker-members or | 16 | | candidates.
| 17 | | "Worker" means a natural person contributing labor or | 18 | | services to a worker cooperative."; and | 19 | | on page 4, line 6, by changing "may elect" to "elects"; and
| 20 | | on page 4, line 8, by deleting "or an employment cooperative"; | 21 | | and
| 22 | | on page 4, line 13, by replacing "organizers." with |
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| 1 | | "organizers. Organizers need not be members or worker-members | 2 | | of the worker cooperative."; and | 3 | | on page 5, by replacing lines 7 through 9 with the following: | 4 | | "(6) any other provision, not inconsistent with law, | 5 | | that the worker-members, members, or organizers elect to | 6 | | set out in the articles for the regulation of the internal | 7 | | affairs of the worker cooperative, including any | 8 | | provisions that, under this Act, are required or permitted | 9 | | to be set out in the bylaws of the worker cooperative."; | 10 | | and | 11 | | on page 6, lines 16 and 19, by deleting "patron" each time it | 12 | | appears; and
| 13 | | on page 7, line 21, by deleting "patron"; and
| 14 | | on page 9, lines 1, 4, 5, 18, and 25, by deleting "patron" each | 15 | | time it appears; and
| 16 | | on page 9, by replacing lines 20 through 24 with the following: | 17 | | "(d) Community investors are not entitled to vote unless | 18 | | the articles or bylaws provide otherwise."; and
| 19 | | on page 12, line 4, by deleting "stock or"; and
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| 1 | | on page 12, line 7, by replacing "the" with "the registration"; | 2 | | and
| 3 | | page 13, line 3, by replacing " limited " with " limited worker "; | 4 | | and
| 5 | | page 13, line 4, by replacing " Limited " with " Limited Worker "; | 6 | | and
| 7 | | page 22, line 14, by replacing " limited " with " limited worker "; | 8 | | and
| 9 | | on page 22, by replacing lines 21 and 22 with the following:
| 10 | | Section 99. Effective date. This Act takes effect January | 11 | | 1, 2020.".
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