SENATE 544118th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S533)
A bill to amend the Federal Credit Union Act to provide a sunset for certain ways in which credit unions may be Agent members of the National Credit Union Administration Central Liquidity Facility.
- Last Action
- 2/28/2023
Actions
- 2023-02-28Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S533)
- 2023-02-28Introduced in Senate
CRS Summary
As of 2023-02-28 (00)
This bill temporarily grants the National Credit Union Administration Board discretion in determining the amount of capital stock in the National Credit Union Administration Central Liquidity Facility is required for a corporate credit union to become an agent member of the facility. The facility serves as a liquidity lender to member credit unions.
Cosponsors (1)
- Kevin Cramer (R-ND)
Sourced from Congress.gov (public domain).
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