Florida Senate Passes Bill To UpdateCredit Union Act

TALLAHASSEE, Fla.– - (04/01/05) The Florida Senate, by a unanimous 38-0vote yesterday, has passed and sent on to the House ofRepresentatives a bill that would update portions ofFlorida’s Credit Union Act to conform with the Federal CreditUnion Act. The bill, SB 1330, had been brought to the Senate floorthe day before and was placed on the Senate’s final passagecalendar without discussion or debate. A hearing in the FloridaHouse is expected to be scheduled next week before the CivilJustice Committee, the final step before going forward to the HouseCommerce Council, which will schedule the bill for action by thefull House.