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Board members introduce Worker Opportunity to Purchase Act and small‑business protections package
Summary
Supervisors introduced legislation to give workers a first opportunity to buy businesses when owners sell and other measures to support small businesses facing displacement, including possible conditional‑use protections and a construction/relocation relief fund.
Supervisor Aaron Peskin and Supervisor Chan and others introduced a package of measures aimed at preserving small businesses and giving workers a pathway to ownership.
Supervisor Chan introduced the Workers' Opportunity to Purchase Act (WOPA), modeled on existing community‑purchase frameworks, that would give employees a right of first opportunity to purchase a business offered for sale and provide legal and financial…
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