Bill116th CongressFiled Feb 26, 2020Finance and Financial Sector
H.R. 5981
Credit Union Board Modernization Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Feb 26, 2020)
Credit Union Board Modernization Act
This bill reduces the frequency of meetings required to be held by a credit union's board of directors. Specifically, the bill requires at least six meetings annually, with at least one meeting held during each fiscal quarter. Currently, boards must meet at least once a month.
What just happenedFeb 26, 2020
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Porter, Katie [D-CA-45](D-CA)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions2subjects
- Introduced in HouseFeb 26, 2020
- Feb 26, 2020IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Feb 26, 2020IntroReferralIntro-H
Introduced in House
- Feb 26, 2020IntroReferral1000
Introduced in House