The 85th regular session of the Texas State Legislature ended on May 29 with two significant outcomes that will be impacted largely by high-level coordination between the Cornerstone Credit Union League and CUNA.

Seven constitutional amendments, out of 156 that were proposed, will be voted on as statewide ballot measures on Nov. 7, two of which are specific to credit unions.

The amendments represent the first time two constitutional amendments directly relating to credit unions have been on the Texas ballot. In addition to celebrating defeating numerous pieces of legislation that would have proven harmful to credit unions during the 2017 legislative session, we will be celebrating significant legislative victories that provide positive impact for credit unions operating in Texas.

Cornerstone and the CUNA will be working together to pursue passage of these ballot measures that are important to credit unions. On Aug. 17, CUNA’s National Advocacy Fund Steering Committee approved funds to support these ballot measures.

 

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