The link below is to an article about the redefining of the legal status of a certain group of corporations. B-corporations are another mechanism corporations will use to funnel tax money into enviro-companies through government economic development funding, special taxing classifications and exemptions, and of course, state and federal grant programs… Politicians enact laws that corporations have to react too and this is another fine example of that kind of situation……Rob T.
What are Benefit Corporations?
Thousands of visionary business leaders are building the foundation for a new economy with millions of high quality jobs and improved quality of life in
communities around the world. To serve them, B Lab and the community of Certified B Corporations have worked to support legislation around the country
to create a new kind of corporation called the benefit corporation.
Benefit corporation legislation not only gives businesses the freedom and legal protection to pursue the triple bottom line, but it gives individual
citizens something positive for which to advocate.
According to a White Paper from a group of corporate attorneys, the benefit corporation is the corporate structure that best meets the needs of the growing number of entrepreneurs and investors who
seek to use business as a tool to solve social and environmental problems.
Benefit corporations are exactly the same as traditional corporations except for three little things that make them game-changers: higher standards of
purpose, accountability, and transparency. Benefit corporation laws have been enacted in 11 states and are moving forward in 16 others. Legislation has
enjoyed overwhelming bi-partisan support -- including 12 unanimous votes -- because the legislation is 100% voluntary and costs states nothing.
Please visit benefitcorp.net to find resources for businesses and attorneys interested in learning more.
The Difference Between Benefit Corporations and Certified B Corps
Benefit Corporations and Certified B Corporations are often, and understandably, confused. Both are sometimes called B Corps. They share much in
common and have a few important differences.
Certified B Corporation is a certification conferred by the nonprofit B Lab. Benefit corporation is a legal status administered by the state.
Benefit corporations do NOT need to be certified. Certified B Corporations have been certified as having met a high standard of overall social and
environmental performance, and as a result have access to a portfolio of services and support from B Lab that benefit corporations do not.
Benefit Corporation related Oregon legislation
this year (not a comprehensive list)
Cities are using Monopoly Utilities to Game the System
Action Alert:---State Legislation SB 478
Action Alert:---State Legislation HB2173
Action Alert:---State Legislation HB2800
The Federalization of Local Urban Renewal Agencies
Urban Ledger: Albany's Obligations and relying on Tax Increment Financing
Measures Would keep voters Involved and help control "Economic Fascism"
Update: Lake Oswego council could repeal Foothills urban renewal district:
Possible Nike site could be added to Enterprise Zone next week
Urban Renewal gone bad---read the stories
Coos Bay---New Information added to the Visitor's Center page...
Coos Bay---What's a measly $120,000 to $180,000 over 6 years, eh?
Coos Bay---Just a "Slight" Conflict of Interest Here. Or did ANYONE notice?
Coos Bay---Padding City of Coos Bay Salaries With Urban Renewal Tax Dollars
See the Cash Cow of Coos Bay----Hear it eat your money---The Coos Bay URA