Rule2025-06966
Simplification of Share Insurance and Succession Planning Final Rules; Solicitation of Comments
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
April 23, 2025
Issuing agencies
National Credit Union Administration
Abstract
Consistent with the January 20, 2025, White House memorandum to the Heads of Executive Departments and Agencies, captioned "Regulatory Freeze Pending Review," the NCUA Board (Board) is soliciting public comment for a period of 60 days on two of its recently published final rules that have not fully taken effect. Specifically, through publication of this notice, the Board invites comment on its final rule captioned "Simplification of Share Insurance," published on September 30, 2024, which takes full effect on December 1, 2026; and the final rule captioned "Succession Planning," published on December 26, 2024, which takes full effect on January 1, 2026. The public comment period will allow interested parties to provide comments about issues of fact, law, and policy raised by the two final rules.
Full Text
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<title>Federal Register, Volume 90 Issue 77 (Wednesday, April 23, 2025)</title>
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[Federal Register Volume 90, Number 77 (Wednesday, April 23, 2025)]
[Rules and Regulations]
[Page 16999]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-06966]
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NATIONAL CREDIT UNION ADMINISTRATION
12 CFR Parts 701, 741, and 745
RINs 3133-AF42 and 3133-AF53
Simplification of Share Insurance and Succession Planning Final
Rules; Solicitation of Comments
AGENCY: National Credit Union Administration (NCUA).
ACTION: Notification of a request for comments.
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SUMMARY: Consistent with the January 20, 2025, White House memorandum
to the Heads of Executive Departments and Agencies, captioned
``Regulatory Freeze Pending Review,'' the NCUA Board (Board) is
soliciting public comment for a period of 60 days on two of its
recently published final rules that have not fully taken effect.
Specifically, through publication of this notice, the Board invites
comment on its final rule captioned ``Simplification of Share
Insurance,'' published on September 30, 2024, which takes full effect
on December 1, 2026; and the final rule captioned ``Succession
Planning,'' published on December 26, 2024, which takes full effect on
January 1, 2026. The public comment period will allow interested
parties to provide comments about issues of fact, law, and policy
raised by the two final rules.
DATES: Comments must be received on or before June 23, 2025.
FOR FURTHER INFORMATION CONTACT: Ariel Pereira, Senior Attorney, Office
of General Counsel, at (703) 548-2778 or at 1775 Duke Street,
Alexandria, VA 22314.
ADDRESSES: You may submit written comments on the final rules, in
accordance with the following instructions. Written comments on the
final rule captioned ``Simplification of Share Insurance'' should be
identified by RIN 3133-AF53. Written comments on the final rule
captioned ``Succession Planning'' should be identified by RIN 3133-
AF42. You may submit written comments by any of the following methods
(Please send comments by one method only):
<bullet> Federal eRulemaking Portal: <a href="https://www.regulations.gov">https://www.regulations.gov</a>.
The docket number for the ``Simplification of Share Insurance'' rule is
NCUA-2023-0082. Follow the instructions for submitting comments. The
docket number for the ``Succession Planning'' rule is NCUA-2024-0037.
<bullet> Mail: Address to Melane Conyers-Ausbrooks, Secretary of
the Board, National Credit Union Administration, 1775 Duke Street,
Alexandria, Virginia 22314-3428.
<bullet> Hand Delivery/Courier: Same as mailing address.
<bullet> Public inspection: You may view all public comments on the
Federal eRulemaking Portal at <a href="https://www.regulations.gov">https://www.regulations.gov</a>, as
submitted, except for those we cannot post for technical reasons. The
NCUA will not edit or remove any identifying or contact information
from the public comments submitted. If you are unable to access public
comments on the internet, you may contact the NCUA for alternative
access by calling (703) 518-6540 or emailing <a href="/cdn-cgi/l/email-protection#9bd4dcd8d6faf2f7dbf5f8eefab5fcf4ed"><span class="__cf_email__" data-cfemail="6f20282c220e06032f010c1a0e41080019">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: On January 20, 2025, The White House issued
a memorandum to the heads of executive departments and agencies,
captioned ``Regulatory Freeze Pending Review.'' The memorandum was
published in the Federal Register on January 28, 2025.\1\ Among other
instructions, the memorandum directs agencies to ``consider opening a
comment period to allow interested parties to provide comments about
issues of fact, law, and policy raised by the rules'' that have not yet
taken effect and to ``consider reevaluating pending petitions involving
such rules.'' \2\
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\1\ 90 FR 8249 (Jan. 28, 2025).
\2\ Id.
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Consistent with the January 20, 2025, White House memorandum, the
Board invites public comment for a period of 60 days on its
Simplification of Share Insurance \3\ and Succession Planning final
rules.\4\
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\3\ 89 FR 79397 (Sept. 30, 2024).
\4\ 89 FR 104865 (Dec. 26, 2024).
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Authority: 12 U.S.C. 1752(5), 1755, 1756, 1757, 1758, 1759, 1761a,
1765, 1761b, 1766, 1767, 1781, 1782, 1784, 1785, 1786, 1787, 1788,
1789; title V, Pub. L. 109-351;120 Stat. 1966.
By the National Credit Union Administration Board, this 17th day
of April 2025.
Melane Conyers-Ausbrooks,
Secretary of the Board.
[FR Doc. 2025-06966 Filed 4-22-25; 8:45 am]
BILLING CODE 7535-01-P
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