Anza Electric Cooperative seeks member support for federal legislation

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Diane Sieker photo
ANZA – Anza Electric Cooperative Inc. is asking their members to contact federal lawmakers, seeking their support for action on an important piece of legislation that will have a direct impact on all cooperatives’ ability to receive grant funds without affecting their not-for-profit status. Congress inadvertently caused the problem when it passed the 2017 tax bill, which included a provision that counts federal, state and local grants to co-ops as non-member income. In the past, those grants had been defined as capital. Co-ops must receive 85% of all income from consumer-members to keep their tax-exempt status under federal law. Counting grants as income makes it much harder for co-ops to meet that requirement, and it includes disaster relief funds such as those from the Federal Eme
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