allowing credit union members to pay members of the board of directors for their services as a board member and relative to the use of and disputes over blockchain and digital currencies.
SB 25 would permit credit union members to compensate board directors for their services, potentially changing current restrictions on director pay. It also includes provisions addressing blockchain and digital currency disputes, though specific mechanisms are not detailed in the provided context. The bill is currently under consideration in the legislature, with recent amendments and votes recorded (e.g., "Ought to Pass with Amendment" on June 5, 2025). The context does not specify which credit unions or digital currency users would be directly affected, nor does it clarify how the blockchain provisions would operate. Without further details on the bill's full text or current law, concrete policy changes cannot be accurately summarized.
Bill status
passed both
4 of 5 stages cleared
Introduction
Jan 2025
Committee Review
Jun 2025
Senate Passage
Jan 2025
House Passage
Jun 2025
Governor
Introduced Jan 7, 2025
Last action Jun 12, 2025
Floor votes · House Jun 5, 2025
How they voted
91–84
Passed · 46 other
Total votes 221
Jun 5, 2025
D
Democratic106
78% Nay
I
Independent2
50% Yea
R
Republican113
78% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
15
Key actions
6
Committee
5
Amendments
1
Jun 12, 2025
Introduced
Sen. Innis Moved Nonconcur with the House Amendment, MA, VV; 06/12/2025; SJ 16
upper
Jun 5, 2025
House · Passed
House Vote: pass (91-84-46)
house
Jun 5, 2025
Lower · Passed
Ought to Pass with Amendment 2025-2696h: MA VV 06/05/2025 HJ 16 P. 142
lower
May 28, 2025
Lower · Passed
Committee Report: Ought to Pass 05/27/2025 (Vote 16-0; CC) HC 27 P. 6
lower
Apr 30, 2025
Lower · Passed
Subcommittee Work Session: 05/06/2025 10:00 am LOB 302-304
lower
Mar 28, 2025
Introduced
Introduced (in recess of) 03/27/2025 and referred to Commerce and Consumer Affairs HJ 11 P. 109
lower
Jan 30, 2025
Upper · Passed
Ought to Pass: MA, VV; OT3rdg; 01/30/2025; SJ 4
upper
Jan 14, 2025
Upper · Passed
Committee Report: Ought to Pass, 01/30/2025, Vote 5-0; SC 7
upper
Jan 7, 2025
Introduced
Introduced 01/08/2025 and Referred to Commerce; SJ 2
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Dan Innis
RRepublican
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