SB487Introduced in the Senate
Allowing credit union members to pay members of the board of directors for their services as a board member.
Introduced by Daniel Innis, District 7
What does this bill do?
Plain-English breakdown
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Official description
Allowing credit union members to pay members of the board of directors for their services as a board member.
Where it stands
Signed by the Governor on 06/19/2026; Chapter 188; Effective 08/18/2026
June 24, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Introduced 01/07/2026 and Referred to Commerce; Senate Journal 1
Hearing: 02/03/2026, Room 100, State House, 10:15 am; Senate Calendar 1
Committee Report: Ought to Pass, 02/19/2026; Vote 5-0; Consent Calendar; Senate Calendar 6
Ought to Pass: Motion Adopted, Voice Vote; OT3rdg; 02/19/2026; Senate Journal 4
Introduced (in recess of) 02/19/2026 and referred to Commerce and Consumer Affairs House Journal 5 P. 124
Public Hearing: 04/08/2026 01:45 pm GP 229
Subcommittee Work Session: 04/21/2026 01:15 pm GP 229
Executive Session: 04/29/2026 10:00 am GP 229
Committee Report: Ought to Pass 04/29/2026 (Vote 15-0; Consent Calendar) House Calendar 19 P. 7
Ought to Pass: Motion Adopted Voice Vote 05/14/2026 House Journal 13 P. 2
Enrolled Adopted, Voice Vote, (In recess 06/04/2026); Senate Journal 14
Enrolled (in recess of) 06/04/2026 House Journal 15 P. 43
Signed by the Governor on 06/19/2026; Chapter 188; Effective 08/18/2026
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