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MO HCR70

Concurrent Resolution

Status

Engrossed

4/26/2010

Primary Sponsor

Mike Cunningham

Click for details

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Urges the Missouri Department of Transportation to allow ten credit unions currently operating in its facilities to remain there indefinitely unless the credit unions' boards of directors decide to relocate

  • Credits unions have operated in Missouri Department of Transportation offices since the 1950s and serve as valuable employee benefits that enhance productivity

  • Credit unions fully reimburse the Department of Transportation for salaries, benefits, and other expenses related to their operations

  • Credit unions are member-owned organizations, and any relocation decision should be made by the credit union board of directors in consultation with their financial regulator

  • Directs the resolution to be sent to the Governor for approval or rejection

Legislative Description

Strongly urges the state Department of Transportation to allow the ten credit unions currently housed in Department facilities to remain until credit union member owners decide to move out of such facilities

Last Action

Second Read and Referred: Rules, Joint Rules, Resolutions, and Ethics (S)

4/27/2010

Committee Referrals

Rules, Joint Rules, Resolutions & Ethics4/27/2010
Rules4/1/2010
Financial Institutions3/25/2010

Full Bill Text

No bill text available