---
type: "Bill"
title: "Credit union conversion, merger or consolidation supermajority requirements elimination"
description: "Credit union conversion, merger or consolidation supermajority requirements elimination"
jurisdiction: "us/states/mn"
legislature: "Minnesota Legislature"
session: "2019-2020"
identifier: "SF 1703"
citation: "Minnesota SF 1703 (2019-2020)"
classification: ["bill"]
subjects: ["Banks and Financial Institutions", "Commerce and Commerce Department"]
status: "enacted"
primary_sponsors: ["Koran"]
version_count: 1
action_count: 22
vote_count: 1
first_action: "2019-02-25"
last_action: "2019-08-01"
source: "openstates"
source_identifier: "ocd-bill/38f6a64d-d9ef-461a-b3c1-ca4d16efaeb5"
source_url: "https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1703&ssn=0&y=2019"
source_hash: "a4b679bc2e2a2fa5e80402adf9ddd4e6c162a381350807fdba25b551588b48bb"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-mn"]
---

# Minnesota SF 1703 (2019-2020) — Credit union conversion, merger or consolidation supermajority requirements elimination

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduction** (committee substitute) — [source](https://www.revisor.mn.gov/bills/text.php?number=SF1703&version=0&session=ls91&session_year=2019&session_number=0)

## Votes

- Passage — **131–0** (pass) · lower

## Sponsors

- Koran — primary (person)
- Carlson, A. — cosponsor (person)
- Haley — cosponsor (person)
- Kotyza-Witthuhn — cosponsor (person)
- Koznick — cosponsor (person)
- Wiklund — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-02-25** Introduction and first reading `introduction`
- **2019-02-25** Referred to Commerce and Consumer Protection Finance and Policy `referral-committee`
- **2019-03-07** Comm report: To pass `committee-passage`
- **2019-03-07** Second reading `reading-2`
- **2019-04-29** Special Order
- **2019-04-29** Third reading Passed `passage`
- **2019-05-06** Returned from House
- **2019-05-09** Presentment date 05/09/2019
- **2019-05-13** Governor's action Approval 05/09/2019 `executive-signature`
- **2019-05-13** Secretary of State Chapter 20 05/09/2019
- **2019-08-01** Effective date 08/01/19
- **2019-04-30** Received from Senate `introduction`
- **2019-04-30** Senate file first reading, referred for comparison HF1578
- **2019-05-01** Bills identical, SF substituted on General Register
- **2019-05-01** Second reading `reading-2`
- **2019-05-02** House rule 1.21, placed on Calendar for the Day Monday, May 06, 2019
- **2019-05-06** Third reading `reading-3`
- **2019-05-06** Bill was passed `passage`
- **2019-05-09** Presented to Governor 05/09/19 `executive-receipt`
- **2019-05-09** Governor approval 05/09/19 `executive-signature`
- **2019-05-09** Secretary of State, Filed 05/09/19
- **2019-08-01** Effective date 08/01/19

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/38f6a64d-d9ef-461a-b3c1-ca4d16efaeb5`. Confidence: reported (aggregated from official Minnesota legislature records).