HB1049Introduced in the House of Delegates
Credit Unions - Mergers and Consolidations - Alteration of Voting Requirement
Introduced by Brian Crosby, District 29
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Authorizing a majority of the board of a surviving credit union to approve a proposed merger without the affirmative vote of a majority of the members of the surviving credit union, subject to certain requirements.
Where it stands
Approved by the Governor - Chapter 506
May 12, 2026
How did lawmakers vote?
House of Delegates votes
1 recorded vote · each counted separately
Senate votes
1 recorded vote · each counted separately
SenateStage: Third Reading Passed · April 6, 2026
46
Yes
0
No
1
Absent or Not Voting
47 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Mike McKay | 1 | Yes |
| Paul Corderman | 2 | Yes |
| Karen Lewis Young | 3 | Yes |
| William Folden | 4 | Yes |
| Justin Ready | 5 | Yes |
| Johnny Salling | 6 | Yes |
| J.B. Jennings | 7 | Yes |
| Carl Jackson | 8 | Yes |
| Katie Hester | 9 | Yes |
| Benjamin Brooks | 10 | Yes |
Bill history
First Reading Economic Matters
Hearing 3/03 at 1:00 p.m.
Hearing canceled
Hearing 3/10 at 1:00 p.m.
Favorable Report by Economic Matters
Favorable Adopted
Second Reading Passed
Third Reading Passed (133-0)
Referred Finance
Favorable Report by Finance
Favorable Adopted Second Reading Passed
Third Reading Passed (46-0)
Returned Passed
Approved by the Governor - Chapter 506
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