Co-operative and Community Benefit Societies (Environmentally Sustainable Investment) Bill 2019-20

The Co-operative and Community Benefit Societies (Environmentally Sustainable Investment) Bill 2019-20 was introduced by Anna McMorrin MP following the Private Members' Bills Ballot on 9 January 2020. First reading took place on 5 February 2020 and the Bill's second reading is due on 2 July 2020.

A Bill to enable co-operative and community benefit societies to raise external share capital for the purpose of making environmentally sustainable investment; to make associated provisions about restricting conversion to company status and the distribution of capital on winding-up; and for connected purposes.

The second reading paper may be updated as the Bill goes through Parliament; alternatively additional papers will be added to this page to reflect the Bill’s progress.  

 

Further information   

Progress of Bill 

MP tables bill to help co-ops raise private investment for green projects, Coop News, 6 February 2020

New Co-ops Bill in Parliament: for people and planet, Co-ops UK, 5 February 2020

Green Share Bill: MP pushes for law to help cooperatives to raise green investment, Business Green, 5 February 2020

Private Members’ Bill ballot : 9 January 2020

Help for Members of Parliament and their staff  

In addition to writing and updating published papers as bills go through Parliament, the House of Commons Library can assist Members of Parliament and their staff with individual enquiries about bills, particularly on the policy background.   

 The Public Bill Office (PBO) supports public bill committees.  The staff working in the PBO can advise Members of Parliament on tabling amendments to bills and on the drafting of Private Members’ Bills. 

  • Commons Research Briefing CBP-8814
  • Authors: Oliver Bennett, Steven Browning
  • Topics: Business, Energy