summary
Introduced
11/28/2017
11/28/2017
In Committee
12/13/2017
12/13/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Common Sense Credit Union Capital Relief Act of 2017 This bill nullifies the National Credit Union Administration rule titled "Risk-Based Capital" published on October 29, 2015. (The rule establishes a new method, beginning in 2019, for measuring whether a credit union is adequately capitalized.)
AI Summary
This bill nullifies the National Credit Union Administration's "Risk-Based Capital" rule, which was set to establish a new method for measuring whether a credit union is adequately capitalized, beginning in 2019. The bill effectively repeals this rule, allowing the previous regulations to remain in place.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Placed on the Union Calendar, Calendar No. 496. (on 04/24/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
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