credit unions

A pair of bills from local Assemblyman Rob Bonta that would cut election costs for a pair of municipal utility districts and lower fees for large credit unions that are chartered by the state have been signed into law by Governor Jerry Brown.

The first bill, AB 408, allows the East Bay Municipal Utility District and Sacramento Municipal Utility District to appoint new members in cases where only one person’s name would appear on a ballot for the office or when no one applies.