Relating to credit unions.
Summary
Repeals provision specifying fiscal year end date for credit unions. Removes provision specifying deadline for election of executive officers of credit unions. Authorizes credit union to pay compensation to members of committees established by board or pursuant to bylaws. Authorizes credit union to invest in or lend moneys to entities that provide goods or services associated with routine operations of credit union, if investment or loan is reasonably related to credit union's use of such goods or services , is made in accordance with rules and is approved by Director of Department of Consumer and Business Services .
Bill status
signed
all 5 stages cleared
Introduction
Feb 2023
Committee Review
Apr 2023
House Passage
May 2023
Senate Passage
May 2023
Signed into Law
May 2023
Introduced Feb 7, 2023
Signed May 8, 2023
Floor votes · Senate Apr 27, 2023 · House Mar 23, 2023
How they voted
24–0
Passed · 5 other
Total votes 29
Apr 27, 2023
D
Democratic17
88% Yea
I
Independent1
100% Yea
R
Republican11
72% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
21
Key actions
7
Committee
4
May 8, 2023
Signed into law
Governor signed.
lower
May 3, 2023
Upper · Passed
President signed.
upper
May 2, 2023
Lower · Passed
Speaker signed.
lower
Apr 27, 2023
Upper · Passed
Third reading. Carried by Taylor. Passed.
upper
Apr 24, 2023
Upper · Passed
Recommendation: Do pass the A-Eng. bill.
upper
Mar 31, 2023
Committee
Referred to Labor and Business.
upper
Mar 27, 2023
Introduced
First reading. Referred to President's desk.
upper
Mar 23, 2023
Lower · Passed
Third reading. Carried by Nosse. Passed.
lower
Mar 21, 2023
Lower · Passed
Recommendation: Do pass with amendments and be printed A-Engrossed.
lower
Feb 10, 2023
Committee
Referred to Business and Labor.
lower
Feb 7, 2023
Introduced
First reading. Referred to Speaker's desk.
lower
1 primary · 6 co-sponsors
Sponsors
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