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Legislature advances bill to create clearer pathway for worker-led cooperatives
Summary
The 37th Guam Legislature on the floor moved Bill 365 (37th Guam Legislature) into the third‑reading file after senators debated whether the bill would help restart Guam’s economy and expand opportunities for worker‑owned businesses.
The 37th Guam Legislature on the floor moved Bill 365 (37th Guam Legislature) into the third‑reading file after senators debated whether the bill would help restart Guam’s economy and expand opportunities for worker‑owned businesses.
Proponents said the measure would create a legal path for cooperatives and could help businesses recover faster after economic shocks. “I think this bill is critical to helping to restart our economy,” Senator Sabina Perez said on the floor. Senator William Parkinson…
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