1 week ago
Cooperation Humboldt is proud to be the North Coast anchor of the Public Banking movement!BREAKING: IT'S OFFICIAL! The California State Legislature approves #AB1177! We passed our FINAL vote in the State Assembly after moving through 8 legislative hurdles in the Senate and Assembly.
Where Wall Street and the for-profit banking industry fail, the people will prevail. With Governor Gavin Newsom's signature, we'll be on our way to fee-free banking for all Californians.
When the Governor signs, AB1177 will start the process to establish zero-cost, zero-fee, zero-penalty banking for all Californians. The CA Public Banking Option Act is a game changer -- access to financial services is a public good & should be available to all. With AB1177, we're making this legally binding.
Thank you to #AB1177 Assembly co-authors for their leadership in expanding banking access: Assemblymember Miguel Santiago, David Chiu, Ash Kalra, Buffy Wicks, Lorena Gonzalez Fletcher, Wendy Carrillo, Mike Gipson, Reggie Jones-Sawyer, Laura Friedman, Phil Ting, Assemblymember Adrin Nazarian, Luz Rivas, Alex Lee, Assemblymember Eduardo Garcia.
The CA Public Banking Option is one signature away from becoming law. We're thankful for the support of over 230 racial justice, labor, economic empowerment, climate groups and elected officials, signing on to support #AB1177 to guarantee universal free banking for all. ... See MoreSee Less