SB 25 (2025): allowing credit union members to pay members of the board of directors for their services as a board member and relative to the use of and disputes over blockchain and digital currencies.

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“SB 25 (2025): allowing credit union members to pay members of the board of directors for their services as a board member and relative to the use of and disputes over blockchain and digital currencies.” Granite Record, https://graniterecord.org/bill/2025/sb25. Accessed 19 Oct. 2026.
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Granite Record. (n.d.). SB 25 (2025): allowing credit union members to pay members of the board of directors for their services as a board member and relative to the use of and disputes over blockchain and digital currencies. Retrieved 19 Oct. 2026, from https://graniterecord.org/bill/2025/sb25
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Granite Record. “SB 25 (2025): allowing credit union members to pay members of the board of directors for their services as a board member and relative to the use of and disputes over blockchain and digital currencies.” Accessed 19 Oct. 2026. https://graniterecord.org/bill/2025/sb25.
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@misc{bill-2025-sb25, title = {SB 25 (2025): allowing credit union members to pay members of the board of directors for their services as a board member and relative to the use of and disputes over blockchain and digital currencies.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2025/sb25}, note = {Accessed 19 Oct. 2026} }

SB 25 (2025)

allowing credit union members to pay members of the board of directors for their services as a board member and relative to the use of and disputes over blockchain and digital currencies.

  • Status: Died: the chambers did not agree on a version
  • Term: 2025-2026
  • House committee: Commerce and Consumer Affairs
  • Senate committee: Commerce
  • Subject: Banking and Finance

The Story

It was introduced on January 8, 2025 and referred to the Senate Commerce committee. The committee held a public hearing on January 14, 2025. The committee voted unanimously, 5–0, to recommend that the Senate pass it. On January 30, 2025 the Senate voted to pass it on a voice vote and ordered it to a third reading. It crossed to the House on March 27, 2025 and was referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on April 22, 2025, with 6 people signed in online: 4 in support and 2 in opposition. The committee held a work session on May 6, 2025. The committee met in executive session on May 27, 2025 to vote on its recommendation. The committee voted unanimously, 16–0, to recommend that the House pass it, and the report was placed on the consent calendar. On June 5, 2025 the House adopted “Special Order next order of business” on a division vote 177–134, on a motion by Rep. John Hunt. A floor amendment (2025-2696h), offered by Rep. Keith Ammon, was adopted on a roll call 175–150 on June 5, 2025, changing the text of the bill. On June 5, 2025 the House voted to pass it with changes on a voice vote. On June 12, 2025 the Senate voted to reject the other chamber's changes on a voice vote, on a motion by Sen. Daniel Innis.

Sponsors

Hearings and Sessions

  • January 14, 2025, 10:00 AM: hearing, Senate Commerce, SH 100
  • January 30, 2025: floor debate, Senate
  • April 22, 2025, 1:15 PM: public hearing, House Commerce and Consumer Affairs, LOB 302-304
  • May 6, 2025, 10:00 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 302-304
  • May 27, 2025, 1:15 PM: executive session, House Commerce and Consumer Affairs, LOB 302-304
  • June 5, 2025: floor debate, House
  • June 12, 2025: floor debate, Senate

Votes

  • January 30, 2025, Senate: Ought to Pass — voice vote, passed
  • June 5, 2025, House: Special Order next order of business — yeas 177, nays 134, passed
  • June 5, 2025, House: Adopt Floor Amendment — yeas 175, nays 150, passed
  • June 5, 2025, House: Ought to Pass with Amendment 2025-2696h — voice vote, passed
  • June 12, 2025, Senate: Nonconcur with the House Amendment — voice vote, passed

The Docket

  • January 8, 2025: Introduced 01/08/2025 and Referred to Commerce
  • January 14, 2025: Hearing: 01/14/2025, Room 100, SH, 10:00 am
  • January 30, 2025: Committee Report: Ought to Pass, 01/30/2025, Vote 5-0
  • January 30, 2025: Ought to Pass: MA, VV; OT3rdg; 01/30/2025
  • March 27, 2025: Introduced (in recess of) 03/27/2025 and referred to Commerce and Consumer Affairs
  • April 22, 2025: Public Hearing: 04/22/2025 01:15 pm LOB 302-304
  • May 6, 2025: Subcommittee Work Session: 05/06/2025 10:00 am LOB 302-304
  • May 27, 2025: Executive Session: 05/27/2025 01:15 pm LOB 302-304
  • May 27, 2025: Committee Report: Ought to Pass 05/27/2025 (Vote 16-0; CC)
  • June 4, 2025: Removed from Consent (Reps. Layon, Tom Mannion, Ammon, Beaulier, Noble, Notter, Wherry, Sabourin, DeRoy, McFarlane) 06/04/2025
  • June 5, 2025: Special Order next order of business (Rep. Hunt): MA DV 177-134 06/05/2025
  • June 5, 2025: FLAM # 2025-2696h(NT) (Rep. Ammon): AA RC 175-150 06/05/2025
  • June 5, 2025: Ought to Pass with Amendment 2025-2696h: MA VV 06/05/2025
  • June 12, 2025: Sen. Innis Moved Nonconcur with the House Amendment, MA, VV; 06/12/2025

Laws It Would Change

Related Bills

  • HB 639-FN (2026): relative to the use of and disputes over blockchain and digital currencies.
  • HB 639-FN (2026): relative to the use of and disputes over blockchain and digital currencies.
  • SB 487 (2026): allowing credit union members to pay members of the board of directors for their services as a board member.

From the General Court