Jeion Ward
- Democratic
- Delegate
- District 87
Primary
Credit unions; director compensation. Provides that compensation of members of a credit union's board of directors and members of the credit and supervisory committees shall be determined by a written policy approved by the board of directors, provided that annual compensation for an individual member does not exceed $6,000. The measure removes the existing prohibition on compensating members of a credit union's board of directors for services as a member of the board. This bill is identical to SB 296.
Credit unions; director compensation. Providesthat compensation of members of a credit union's board of directors and members of the credit and supervisory committees, including reimbursement for business-related travel, shall be determined by a written policyapproved by the board of directors. The measure removes the existingprohibition on compensating members of a credit union's board ofdirectors for services as a member of the board.
Approved by Governor-Chapter 262 (effective 7/1/20)
Governor's Action Deadline 11:59 p.m., March 10, 2020
Enrolled Bill communicated to Governor on March 3, 2020
Signed by President
Impact statement from SCC (HB813ER)
Enrolled
Signed by Speaker
Passed Senate (40-Y 0-N)
Read third time
Constitutional reading dispensed (39-Y 0-N)
Reported from Commerce and Labor (14-Y 0-N)
Constitutional reading dispensed
Impact statement from SCC (HB813H1)
Referred to Committee on Commerce and Labor
VOTE: (98-Y 0-N)
Read third time and passed House BLOCK VOTE (98-Y 0-N)
Engrossed by House - committee substitute HB813H1
Committee substitute agreed to 20106517D-H1
Read second time
Read first time
House committee, floor amendments and substitutes offered
Committee substitute printed 20106517D-H1
Reported from Labor and Commerce with substitute (17-Y 0-N)
Impact statement from SCC (HB813)
Prefiled and ordered printed; offered 01/08/20 20103003D
Referred to Committee on Labor and Commerce
| Bill Text Versions | Format |
|---|---|
| Impact statement from SCC (HB813) | HTML |
| Engrossed by House - committee substitute HB813H1 | HTML |
| Bill text as passed House and Senate (HB813ER) | HTML |
| Acts of Assembly Chapter text (CHAP0262) | HTML |
| Document | Format |
|---|---|
| No related documents. |
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