Massachusetts 194th General Court Status: Introduced 1 D cosponsors

S821 — An Act allowing fair compensation of Massachusetts credit union directors

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  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 194th General Court. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

An Act allowing fair compensation of Massachusetts credit union directors

Bill Text

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How this bill changes current law

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AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill allows credit unions to compensate board members for their services as determined by the members at an annual meeting.

  • Chapter 171, Section 20

    The members of the board of directors of a credit union may be compensated for their services as members of the board or any committee thereof, in an amount determined by the members at an annual meeting. → 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 change clarifies that any credit union can set the compensation for board members.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 203 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (203)

203 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance environment labor
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Frequently asked questions

What does S821 do?
An Act allowing fair compensation of Massachusetts credit union directors
Who sponsors S821?
S821 is sponsored by Pavel M. Payano (Democrat).
What is the current status of S821?
This bill died with 194th General Court. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track S821?
Track S821 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 4 months ago · updated continuously

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