Introduced by Sen. Shirley Johnson (R) on May 9, 2001, to establish a procedure by which a state chartered credit union would convert itself into a federally chartered credit union or into a credit union chartered in another state.
Referred to the Senate Financial Services Committee on May 9, 2001.
Amendment offered in the Senate on May 23, 2001, to not impair the terms of an existing collective bargaining agreement by the conversion. The amendment passed by voice vote in the Senate on May 23, 2001.
Substitute offered in the House on July 11, 2001, to adopt a version of the bill recommended by the committee which reported it to the full House. The substitute passed by voice vote in the House on July 11, 2001.
Amendment offered by Rep. David Woodward (D) on July 11, 2001, to authorize member proxy voting by mail on the issue of conversion. The amendment passed by voice vote in the House on July 11, 2001.
1) 2001 Senate Bill 464 by admin on January 1, 2001 Introduced in the Senate on May 9, 2001, to establish a procedure by which a state chartered credit union would convert itself into a federally chartered credit union or into a credit union chartered in another state
The vote was 36 in favor, 0 opposed and 2 not voting