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SB 487 · 2026 · Senate · Commerce Committee

Paying credit union board members

AI-generated

allowing credit union members to pay members of the board of directors for their services as a board member.

Allows credit unions to pay members of their board of directors for service as a board member.AI-generated

Status

Signed into law · June 24, 2026
  1. ✓Introduced
  2. ✓Senate
  3. ✓House
  4. ✓Governor
  5. ✓Law

Analysis

This bill allows credit union members to pay members of the board of directors for their services as a board member.

From the bill's official ANALYSIS section.

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Sen. Daniel InnisRPrimeChair· Commerce
  • Sen. Keith MurphyRDeputy President Pro Tempore
  • Rep. John HuntRChair· Commerce and Consumer Affairs
  • Rep. John PotucekRVice Chair· Commerce and Consumer Affairs
  • Rep. Anita BurroughsDRanking Member· Commerce and Consumer Affairs

Also: Sen. Tim McGoughR, Rep. James ThibaultR, Rep. Jared SullivanD

Public testimony

4 signed in online

75% support25% oppose0% neutral

Read the testimony · as of Aug 12, 2026

Hearings

  • 2026-02-039:30 amSenate CommerceSH 100Public hearing
  • 2026-04-081:15 pmHouse Commerce and Consumer AffairsGP 229Public hearing
  • 2026-04-211:15 pmHouse Commerce and Consumer AffairsGP 229Public hearing
  • 2026-04-2910:00 amHouse Commerce and Consumer AffairsGP 229Public hearing

Legislative history

  1. Jan 7, 2026SenIntroduced 01/07/2026 and Referred to Commerce; SJ 1
  2. Feb 3, 2026SenHearing: 02/03/2026, Room 100, SH, 10:15 am; SC 1
  3. Feb 19, 2026SenCommittee Report: Ought to Pass, 02/19/2026; Vote 5-0; CC; SC 6
  4. Feb 19, 2026SenOught to Pass: MA, VV; OT3rdg; 02/19/2026; SJ 4
  5. Feb 19, 2026HouseIntroduced (in recess of) 02/19/2026 and referred to Commerce and Consumer Affairs HJ 5 P. 124
  6. Apr 8, 2026HousePublic Hearing: 04/08/2026 01:45 pm GP 229
  7. Apr 21, 2026HouseSubcommittee Work Session: 04/21/2026 01:15 pm GP 229
  8. Apr 29, 2026HouseExecutive Session: 04/29/2026 10:00 am GP 229
  9. Apr 29, 2026House: Ought to Pass 04/29/2026 (Vote 15-0; CC) HC 19 P. 7
  10. May 14, 2026HouseOught to Pass: MA VV 05/14/2026 HJ 13 P. 2
  11. Jun 4, 2026HouseEnrolled (in recess of) 06/04/2026 HJ 15
  12. Jun 4, 2026SenEnrolled Adopted, VV, (In recess 06/04/2026); SJ 14
  13. Jun 19, 2026SenSigned by the Governor on 06/19/2026; Chapter 188; Effective 08/18/2026

Coverage

No reporting linked yet.

Documents (PDF)

Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.