PRIA Logo™
MissouriHB25862026 Regular SessionHouseWALLET

Revises the par value of membership shares and allows for participation in board meetings by telephone or electronic means

Sponsored By: David Casteel (Republican)

Signed by Governor

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Credit unions can lower membership share values

Missouri credit unions can set membership share values as low as $1, down from the previous $25 minimum. The maximum remains $100. Credit unions do not have to lower their share values. Members face a lower entry cost only when their credit union chooses a lower value.

Credit union boards can meet electronically

Missouri credit union directors can join and act at board meetings by phone or other electronic means unless bylaws specifically prohibit it. Participating directors must be able to communicate at the same time. Boards must set procedures to verify the identity of directors voting electronically and protect the process. Actions taken this way have the same legal effect as actions at in-person meetings.

Sponsors & Cosponsors

Sponsor

  • David Casteel

    Republican • House

Cosponsors

  • Anthony Ealy

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 189 • No: 0

Senate vote • 4/23/2026

Truly Agreed To and Finally Passed

Yes: 29 • No: 0

House vote • 3/12/2026

Third Read and Passed

Yes: 139 • No: 0

House vote • 2/25/2026

Reported Do Pass - Consent

Yes: 7 • No: 0

House vote • 2/18/2026

Reported Do Pass - Consent

Yes: 14 • No: 0

Actions Timeline

  1. Delivered to Secretary of State (G)

    7/13/2026House

  2. Approved by Governor (G)

    7/13/2026House

  3. Delivered to Governor

    5/28/2026House

  4. Signed by President Pro Tem

    5/28/2026Senate

  5. Signed by House Speaker

    5/28/2026House

  6. Senate Message

    4/23/2026Senate

  7. Truly Agreed To and Finally Passed - AYES: 29 NOES: 0 PRESENT: 0

    4/23/2026Senate

  8. Taken Up for Third Reading

    4/23/2026Senate

  9. Reported Do Pass-Placed on Third Read Consent Calendar

    4/15/2026Senate

  10. Voted Do Pass Consent

    4/7/2026Senate

  11. Executive Session Held

    4/7/2026Senate

  12. Public Hearing Scheduled - Tuesday, April 7, 2026, 2:30 p.m., Senate Committee Room - 1st Floor

    4/2/2026Senate

  13. Second read and referred: Insurance and Banking

    3/31/2026Senate

  14. Reported to the Senate and First Read

    3/19/2026Senate

  15. Delivered to the Senate

    3/16/2026

  16. Third Read and Passed - AYES: 139 NOES: 0 PRESENT: 0

    3/12/2026House

  17. Taken Up for Third Reading

    3/12/2026House

  18. Perfected by Consent - Pursuant to House Rules

    3/11/2026House

  19. Reported Do Pass - Consent - AYES: 7 NOES: 0 PRESENT: 0

    2/25/2026House

  20. Voted Do Pass - Consent

    2/24/2026House

  21. Executive Session Completed

    2/24/2026House

  22. Referred: Consent and Procedure

    2/18/2026House

  23. Reported Do Pass - Consent - AYES: 14 NOES: 0 PRESENT: 0

    2/18/2026House

  24. Voted Do Pass - Consent

    2/18/2026House

  25. Executive Session Completed

    2/18/2026House

Bill Text

  • Truly Agreed

    4/23/2026

    PDF

  • Perfected

    3/11/2026

    PDF

  • Introduced

    1/7/2026

    PDF

Related Bills

Back to State Legislation