UncommonGoods Goes to Washington
(Ok, not really, but we are getting involved in New York State politics!)
Hot off the press — the bill for benefit corporations (UncommonGoods was a founding member) was passed in NY state! This bill makes room in state corporate law for a legal middle ground between nonprofits and ordinary businesses. Hip hip hooray!
Here’s the catch, though, the bill still must pass in the Assembly and then go to the Governor before becoming law. If you want to help make this happen, please call Assembly Speaker Sheldon Silver’s office at 518.455.3791 – bill # is A11498 – we’re hoping to get it passed before the session ends next week!
Read more about benefit corporations and the bill.