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PA HB135
Bill
Status
Engrossed
12/16/2025
Primary Sponsor
Rick Krajewski
Click for details
AI Summary
- Reduces the minimum number of persons required to incorporate a workers' cooperative corporation from five to three
- Lowers the minimum number of directors required on the initial board of directors from five to three
- Reduces the minimum board size for ongoing management of workers' cooperative corporations from five to three directors
- Amends Title 15 (Corporations and Unincorporated Associations) of the Pennsylvania Consolidated Statutes
- Takes effect 60 days after enactment
Legislative Description
In workers' cooperative corporations, further providing for corporations, for articles of incorporation and for directors and officers.
Last Action
Referred to Labor & Industry
12/29/2025
Committee Referrals
Labor & Industry12/29/2025
Appropriations11/19/2025
Labor And Industry8/21/2025
Full Bill Text
No bill text available