1. Benefit Corporations: - Bipartisan Support - No Cost Economic Development

2. Bi-Partisan Support
Benefit corporation legislation has received over a 90% aye vote from all floor votes Voluntary business choice that expands the free market, so the legislation is liked by both Democrats and Republicans.
Iowa Legislators that support:
Bill Dotzler (S-D)
Brad Zaun (S-R)
Matt McCoy (S-R)
Mark Lofgren (S-D)
Chuck Holz (Rep – R)
No cost economic development

3. No Cost Economic Development
Passing benefit corporation legislation can help create a no-cost economic development opportunity for states by:
creating pathways for a new market of social enterprises to scale
avenue for social impact investors to invest efficiently
Benefit corporations produce an annual benefit report using a third party standard to benchmark their performance:
Investors and consumers can use this report to make informed financing and purchasing decisions

4. No Cost Economic Development
"Millennials will grow to 75% of the workforce by 2025, 77% say their “company’s purpose was part of the reason they chose to work there.” -Deloitte Millennial Survey
A survey of 200 academic studies found that "88% of reviewed sources find that companies with robust sustainability practices demonstrate better operational performance, which ultimately translates into cash flows," and "80% of the reviewed studies demonstrate that prudent sustainability practices have a positive influence on investment performance." - From the Stockholder to the Stakeholder
“Strong governance, along with effective management of environmental and human capital factors, increases the likelihood that companies will perform over the long-term and manage risk effectively.” -  CalPERS 2013 Investment Beliefs

5. Misconceptions Benefit Corporations receive special tax treatment:
A benefit corporation still must choose either C or S status
Not taxed any differently than other corporations
Benefit Corporation legislation increases regulation:
Completely voluntary: similar to LLC or traditional corporation
It does not impact traditional corporations or impose additional requirements or regulation in any way, and benefit corporations do not have to be certified or audited by a third party

6. Misconceptions Cont’d.
Benefit Corporation legislation is left wing legislation:
False. The legislation specifically permits companies to include their specific mission in their articles of incorporation, which could focus on values of their choosing.