H.R. 5869
Referred to CommitteeTo amend the Federal Credit Union Act to require the National Credit Union Administration Board to provide a rationale for any amounts the Board proposes to use from the National Credit Union Share Insurance Fund, and for other purposes.
Latest Action
Referred to the House Committee on Financial Services.
7/14/2016 • House
Summary
This bill amends the Federal Credit Union Act to require the National Credit Union Administration (NCUA) Board to submit annually with its detailed business-type budget a report that contains: (1) an analysis of the NCUA's operating expenses and the extent to which those expenses are funded by assessment fees collected from federal credit unions or amounts transferred from the National Credit Union Share Insurance Fund (NCUSIF), and (2) a supporting rationale for proposals to use amounts in the NCUSIF for operating expenses.
Introduced in House • 7/14/2016
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Sponsor & Cosponsors (2)
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Sponsor
Cosponsors (1)
Bill Journey
Originated in the House
Introduced
July 14, 2016
Referred to the House Committee on Financial Services.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law