Environment
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
StateMissouriIntroduced
HB 2586: Revises the par value of membership shares and allows for participation in board meetings by telephone or electronic means
David Casteel
HB 2586 status: Introduced — Delivered to Secretary of State (G) (updated Jul 13, 2026).
Source
OpenStates
Confidence
Low
Analysis basis
OpenStates summary
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
60OUT OF 100
Score:60/100 civic fit
Risk:Low Risk
Impact:Low Impact 25/100
Constitutionality90%
Bipartisan70%
Public opinion50%
Bill summary
What changes
The bill updates the par value of membership shares for credit unions and authorizes the use of electronic or telephonic methods for board members to participate in meetings.
Who is affected
Credit unions operating within the state and their respective board members.
Requirements and enforcement
Credit unions must potentially update their internal bylaws to reflect new share values and establish protocols for remote meeting participation.
Costs and funding
Implied minor administrative and operational costs to facilitate remote meeting infrastructure.
When it takes effect
Not stated in the available source.
Potential benefits
Increased operational flexibility, modernized governance, and potential reduction in meeting-related administrative costs.
Risks and tradeoffs
Lack of clear standards for secure electronic participation and potential impact on membership equity.
What is still unknown
The specific new par value amount and the regulatory standards for electronic authentication remain unknown.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Positive outlook
60%
Benefits
- Modernizes board meeting accessibility through electronic participation
- Provides flexibility for credit union governance
- Allows alignment of membership share par value with current economic realities
Risks
- Potential for reduced engagement in physical board decision-making
- Implementation costs associated with secure electronic meeting compliance
- Ambiguity regarding member verification protocols during remote meetings
Society
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Technology Industry
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Civic Accountability
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Public Health & Safety
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
OpenStates
Official bill text or data from OpenStates.
Confidence
Low
Information is limited or incomplete.
Analysis basis
OpenStates summary
Source used for this bill's analysis.
Source note
LegiScan returned a PDF-only document. PDF extraction is not enabled in this build, so the pipeline used a safer fallback.
Analysis scope
Source provided is a brief summary only, lacking full bill text and specific section definitions.
04
Where it stands
Official record- IntroducedCurrent
- CommitteeUpcoming
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
How it affects your district
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06
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