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Bill

HB 3925

$ICC

104th Regular Session Introduced by Robyn Gabel

Illinois would establish a state cooperative development agency to provide technical support and financing infrastructure for community-based cooperative businesses statewide.

Referred to Rules Committee
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Bill Summary · HB 3925

Legislative bill overview

HB 3925 proposes to establish the Illinois Community Cooperative (ICC), a new state entity designed to support cooperative business models across Illinois. The bill would authorize the creation of infrastructure, provide technical assistance, and potentially offer financing mechanisms to help individuals and communities develop cooperative enterprises in various economic sectors.

Why is this important

Cooperative business models distribute ownership and decision-making power among members rather than concentrating it with shareholders, potentially affecting wealth distribution, worker protections, and community economic development. The bill could influence how businesses are structured in Illinois and determine state resource allocation toward alternative economic models that some view as addressing income inequality while others see as market intervention.

Potential points of contention

  • Funding mechanism and fiscal impact: The bill's cost to taxpayers and whether state resources should subsidize cooperative business development versus letting market forces determine business structures
  • Scope of state involvement: Disagreement over whether government should actively promote specific business models or remain neutral between cooperative and traditional corporate structures
  • Implementation details: Questions about how the ICC would be governed, staffed, and whether it could create unfair competitive advantages for cooperatives over existing businesses

Compiled from official sources — confirm details with the bill’s official record.

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