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S. 3750

Referred to Committee

Common Sense Credit Union Capital Relief Act of 2018

Introduced 12/13/2018•115th Congress•Senate

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

12/13/2018 • Senate

Summary

Common Sense Credit Union Capital Relief Act of 2018

This bill delays to 2021 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.)

Introduced in Senate • 12/13/2018

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Topics & Subjects

Administrative law and regulatory proceduresBank accounts, deposits, capitalNational Credit Union Administration

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Sponsor & Cosponsors (1)

Sponsor

S[
Sen. Rounds, Mike [R-SD]

Republican • SD

Sponsored 12/13/2018

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