S-5055

   Amend House File 131, as amended, passed, and reprinted by the House, as follows:
   1.  Page 1, line 2, by striking <2023> and inserting <2024>
   2.  By striking page 1, line 12, through page 2, line 25.
   3.  Page 2, line 26, by striking <2023> and inserting <2024>
   4.  Page 2, by striking lines 28 through 33 and inserting: 
   <8.  A credit union director shall not receive compensation for service as a director. However, a director may be reimbursed for reasonable expenses directly related to such service.  Subject to its bylaws, a credit union may provide compensation to members of the credit union’s board in an amount not to exceed sixteen thousand dollars per year per board member for a credit union with one billion dollars or greater in assets, or not to exceed eight thousand dollars per year per board member for a credit union with less than one billion dollars in assets.>
   5.  Page 2, line 34, by striking <2023> and inserting <2024>
   6.  Page 3, line 23, by striking <2023> and inserting <2024>
   7.  Page 4, line 10, by striking <2023> and inserting <2024>
   8.  Page 5, by striking lines 1 through 24.
   9.  By renumbering as necessary.

______________________________
COMMITTEE ON COMMERCE

WAYLON BROWN, CHAIRPERSON