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Bill > S3750


US S3750

Common Sense Credit Union Capital Relief Act of 2018


summary

Introduced
12/13/2018
In Committee
12/13/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Common Sense Credit Union Capital Relief Act of 2018

AI Summary

This bill, the Common Sense Credit Union Capital Relief Act of 2018, aims to delay the effective date of the National Credit Union Administration's Risk-Based Capital rule, which was originally set to take effect in 2015, until January 1, 2021. This delay would provide credit unions with more time to prepare for and comply with the new capital requirements outlined in the Risk-Based Capital rule.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 12/13/2018)

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