Massachusetts legislation · 194th General Court
Massachusetts H1338: An Act allowing fair compensation of Massachusetts credit union directors
Status: Signed into law, August 26, 2026
What the bill says
From the introduced text, February 27, 2025:
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.
Sponsors
- Andres Vargas (D) · primary sponsor
Latest actions
- : Signed by the Governor, Chapter 195 of the Acts of 2026
- : Enacted and laid before the Governor
- : Enacted
- : Emergency preamble adopted
- : Emergency Preamble adopted
- : Read third (title changed) and passed to be engrossed
- : Taken out of the Orders of the Day
- : Read second and ordered to a third reading
- : Rules suspended
- : Committee reported that the matter be placed in the Orders of the Day for the next session
Votes
- Committee Vote - Senate Committee on Rules (July 30, 2026): 6 yea, 0 nay, passed
Common questions
- What is H1338?
- H1338 is a bill in the Massachusetts Legislature (194th General Court): An Act allowing fair compensation of Massachusetts credit union directors.
- What is the status of H1338?
- Signed into law as of August 26, 2026. Latest action: Signed by the Governor, Chapter 195 of the Acts of 2026 (August 26, 2026).
- Who sponsored H1338?
- Andres Vargas (D).
- Where is the official record for H1338?
- On the Massachusetts Legislature website: https://malegislature.gov/Bills/194/H1338
Source: official Massachusetts record. Tracked by Delilah, AI for legislation across all 50 states and Congress.