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SB783Introduced in the Senate

Credit Unions - Mergers and Consolidations - Alteration of Voting Requirement

Passed

Introduced by Carl Jackson, District 8

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 507

May 12, 2026

How did lawmakers vote?

House of Delegates votes

1 recorded vote · each counted separately

Senate votes

2 recorded votes · each counted separately

House of DelegatesStage: Third Reading Passed · April 10, 2026

136

Yes

0

No

5

Absent or Not Voting

141 delegates recorded in this House of Delegates vote. Colors show vote categories only, not whether a vote was good or bad.

See how each delegate voted

Bill history

  1. First Reading Finance

  2. Hearing 2/27 at 1:00 p.m.

  3. Favorable Report by Finance

  4. Favorable Adopted

  5. Second Reading Passed

  6. Third Reading Passed (45-0)

  7. Referred Economic Matters

  8. Favorable with Amendments Report by Economic Matters

  9. Favorable with Amendments {613827/1 Adopted

  10. Second Reading Passed with Amendments

  11. Third Reading Passed (136-0)

  12. Senate Concurs House Amendments

  13. Third Reading Passed (42-0)

  14. Passed Enrolled

  15. Approved by the Governor - Chapter 507

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