An Act allowing fair compensation of Massachusetts credit union directors
Generates a plain-language summary of the bill text and history.
| Date | Branch | Action |
|---|---|---|
| 6/23/2026 | Senate | Read; and referred to the committee on Senate Rules |
| 6/18/2026 | House | Read third, amended and passed to be engrossed |
| 2/12/2026 | House | Read second and ordered to a third reading |
| 2/12/2026 | House | Rules suspended |
| 2/12/2026 | House | Committee reported that the matter be placed in the Orders of the Day for the next sitting |
| 1/15/2026 | House | Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling |
| 1/15/2026 | House | Reported on a part of H4931↗ |
| 1/15/2026 | House | Reported from the committee on House Rules |
| 1/15/2026 | House | Accompanied a study order, see H4931↗ |
| 10/30/2025 | Joint | Hearing rescheduled to 10/30/2025 from 10:30 AM-02:00 PM in A-2 — Hearing updated to New End Time |
| 10/30/2025 | Joint | Hearing rescheduled to 10/30/2025 from 10:30 AM-04:00 PM in A-2 — Hearing updated to New End Time |
| 10/21/2025 | Joint | Hearing scheduled for 10/30/2025 from 10:30 AM-01:00 PM in A-2 |
| 2/27/2025 | Senate | Senate concurred |
| 2/27/2025 | House | Referred to the committee on Financial Services |
No additional cosponsors.
| Committee | Recommendation | Vote |
|---|---|---|
| J11 | Accompanied | — |
| H33 | Favorable | — |
| H52 | Place in OD | — |
| H36 | Correctly Drawn | — |
| Bill | Title | Status |
|---|---|---|
| S821 | An Act allowing fair compensation of Massachusetts credit union directors | Active |
Section 20 of Chapter 171 of the General Laws is hereby amended by striking the first sentence and inserting in place thereof the following new sentence: Any credit union may compensate each of the members of the board of directors for his or her services as a member of the board or any committee thereof a sum that may, from time to time, be fixed by the members at an annual meeting.
This act shall take effect upon its passage.
SECTION 1. Section 20 of Chapter 171 of the General Laws is hereby amended by striking the first sentence and inserting in place thereof the following new sentence: Any credit union may compensate each of the members of the board of directors for his or her services as a member of the board or any committee thereof a sum that may, from time to time, be fixed by the members at an annual meeting. SECTION 2. This act shall take effect upon its passage.