Massachusetts legislation · 194th General Court
Massachusetts S821: An Act allowing fair compensation of Massachusetts credit union directors
Status: In committee, July 31, 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 out the first sentence and inserting in place thereof the following 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
- Pavel Payano (D) · primary sponsor
Latest actions
- : Accompanied H1338
- : Bill reported favorably by committee and referred to the committee on Senate Rules
- : Hearing rescheduled to 10/30/2025 from 10:30 AM-02:00 PM in A-2 <br> <span style="color: blue; font-style: italic;">Hearing updated to New End Time</span>
- : Hearing rescheduled to 10/30/2025 from 10:30 AM-04:00 PM in A-2 <br> <span style="color: blue; font-style: italic;">Hearing updated to New End Time</span>
- : Hearing scheduled for 10/30/2025 from 10:30 AM-01:00 PM in A-2
- : House concurred
- : Referred to the committee on Financial Services
Votes
- Committee Vote - Joint Committee on Financial Services (December 2, 2025): 5 yea, 0 nay, passed
Common questions
- What is S821?
- S821 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 S821?
- In committee as of July 31, 2026. Latest action: Accompanied H1338 (July 31, 2026).
- Who sponsored S821?
- Pavel Payano (D).
- Where is the official record for S821?
- On the Massachusetts Legislature website: https://malegislature.gov/Bills/194/S821
Source: official Massachusetts record. Tracked by Delilah, AI for legislation across all 50 states and Congress.