summary
Introduced
12/18/2025
12/18/2025
In Committee
12/18/2025
12/18/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A bill to amend the Federal Credit Union Act to provide for certain ways in which credit unions may be Agent members of the National Credit Union Administration Central Liquidity Facility.
AI Summary
This bill, titled the NCUA Central Liquidity Facility Enhancements Act, proposes to amend the Federal Credit Union Act to allow for broader participation in the National Credit Union Administration (NCUA) Central Liquidity Facility (CLF). The CLF is a government-sponsored entity that provides liquidity to credit unions during times of financial stress. Currently, the law states that "all those credit unions" can be members, but this bill would change that wording to "any such credit unions," making it easier for credit unions to become "Agent members" of the CLF, which refers to credit unions that can borrow from the facility. This change aims to enhance the CLF's ability to support a wider range of credit unions by removing what might be perceived as a restrictive membership requirement.
Committee Categories
Housing and Urban Affairs
Sponsors (2)
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 12/18/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/senate-bill/3575/all-info |
| BillText | https://www.congress.gov/119/bills/s3575/BILLS-119s3575is.pdf |
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