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MO HCR70
Concurrent Resolution
Status
4/26/2010
Primary Sponsor
Mike Cunningham
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AI Summary
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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
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Credits unions have operated in Missouri Department of Transportation offices since the 1950s and serve as valuable employee benefits that enhance productivity
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Credit unions fully reimburse the Department of Transportation for salaries, benefits, and other expenses related to their operations
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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
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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