Modifies the time frame in which state agencies may submit information to financial institutions related to deceased members or depositors.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Commerce and Consumer Protection
Last action: 2025-06-06
Official status: Chapter Number Assigned
Effective date: Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

2025-06-06 House
Chapter 65, (2025 Laws): Effective date January 1, 2026.
2025-05-12 House
Governor signed.
2025-05-05 House
Speaker signed.
2025-05-05 Senate
President signed.
2025-05-01 Senate
Third reading. Carried by Patterson. Passed. Ayes, 26; Excused, 3--Anderson, Meek, Thatcher.
2025-04-30 Senate
Carried over to 05-01 by unanimous consent.
2025-04-29 Senate
Carried over to 04-30 by unanimous consent.
2025-04-28 Senate
Recommendation: Do pass.
2025-04-28 Senate
Second reading.
2025-04-22 Senate
Work Session held.
2025-04-17 Senate
Public Hearing held.
2025-03-06 Senate
First reading. Referred to President's desk.
2025-03-06 Senate
Referred to Labor and Business.
2025-03-04 House
Third reading. Carried by Chotzen. Passed. Ayes, 57; Excused, 3--Lively, Nguyen H, Wallan.
2025-02-27 House
Rules suspended. Carried over to March 4, 2025 Calendar.
2025-02-25 House
Second reading.
2025-02-21 House
Recommendation: Do pass.
2025-02-18 House
Work Session held.
2025-02-13 House
Work Session cancelled.
2025-02-06 House
Public Hearing held.
2025-01-30 House
Referred to Commerce and Consumer Protection.
2025-01-28 House
First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act makes changes to laws relating to credit unions and banks. (Flesch Readability Score: 67.7).
Modifies the time frame in which state agencies may submit information to financial institutions related to deceased members or depositors.
Authorizes directors of credit unions to delegate the duty to consider requests for reinstatement.
Modifies requirements for supervisory committees of credit unions.
Relating to: Relating to financial institutions.
Current location: Chapter Number Assigned