Senate Resolution 38 Summary

• Proclaims 2012 as the "Year of Cooperatives" in Oklahoma and recognizes the United Nations designation of 2012 as the "International Year of Cooperatives"

• Acknowledges that cooperatives are member-owned and controlled businesses operating across all sectors of the Oklahoma economy, including agricultural, financial, credit, energy, telecommunications, food distribution, childcare, and healthcare sectors

• Notes that more than 29,000 cooperatives operate in the United States, generating 2 million jobs and contributing $652 billion in annual sales with $3 trillion in assets

• Recognizes that Oklahoma cooperative members serve a combined constituency of more than 1.5 million people, with cooperatives operating in every county in the state

• Encourages all Oklahoma citizens to celebrate the International Year of Cooperatives through activities promoting cooperatives and raising public awareness of their contributions to economic development and community strengthening