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.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Dec 5, 2022)
This bill temporarily provides the National Credit Union Administration Board with discretion in determining the amount of capital stock in the National Credit Union Administration Central Liquidity Facility 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.
What just happenedDec 5, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S6964)
Who’s behind it
- Introduced in SenateDec 5, 2022
- Dec 5, 2022IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S6964)
Banking, Housing, and Urban Affairs Committee - Dec 5, 2022IntroReferral10000
Introduced in Senate