Amendment S-5055 to HF 131

Filed March 6, 2024 in the Senate by

What it changes

1. Page 1, line 2, by striking “2023” and inserting “2024”
2. By striking page 1, line 12, through page 2, line
4. Page 2, line 26, by striking “2023” and inserting “2024”
5. Page 2, by striking lines 28 through 33 and inserting: “
6. A credit union director shall not receive compensation for service as a director. However, a director may be reimbursed for reasonable expenses directly related to such service. Subject to its bylaws, a credit union may provide compensation to members of the credit union’s board in an amount not to exceed sixteen thousand dollars per year per board member for a credit union with one billion dollars or greater in assets, or not to exceed eight thousand dollars per year per board member for a credit union with less than one billion dollars in assets.”
7. Page 2, line 34, by striking “2023” and inserting “2024”
8. Page 3, line 23, by striking “2023” and inserting “2024”
9. Page 4, line 10, by striking “2023” and inserting “2024”
10. Page 5, by striking lines 1 through
12. By renumbering as necessary.

Official amendment (PDF) · In the Bill Book