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Credit Union Modernization Act of 2019
2/8/2022, 11:16 PM
Congressional Summary of S 3326
Credit Union Modernization Act of 2019
This bill revises the duties of boards of directors of federal credit unions, including by removing requirements for (1) the disclosure to the National Credit Union Administration of certain loan officer information, and (2) the direct management of credit union membership by a board of directors.
Read the Full Bill
Current Status of Bill S 3326
Bill S 3326 is currently in the status of Bill Introduced since February 24, 2020. Bill S 3326 was introduced during Congress 116 and was introduced to the Senate on February 24, 2020. Bill S 3326's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of February 24, 2020
Bipartisan Support of Bill S 3326
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3326
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Banking and financial institutions regulation
- Credit and credit markets
Alternate Title(s) of Bill S 3326
Credit Union Modernization Act of 2019
Credit Union Modernization Act of 2019
A bill to amend the Federal Credit Union Act to remove outdated responsibilities of boards of directors of Federal credit unions.
Comments
Sponsors and Cosponsors of S 3326
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