0
0

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

Formatted TextPDFFormatted XML

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
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3326

Primary Policy Focus

Finance and Financial Sector

Potential 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A bill to amend the Federal Credit Union Act to remove outdated responsibilities of boards of directors of Federal credit unions.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

Thom Tillis
Thom Tillis
North CarolinaRepublican
Richard Burr
Richard Burr
North CarolinaRepublican

Latest Bills

Financial Reporting Threshold Modernization Act
Bill HR 1799January 24, 2026
Expressing support for the designation of May 2025 as "Renewable Fuels Month" to recognize the important role that renewable fuels play in reducing carbon impacts, lowering fuel prices for consumers, supporting rural communities, and lessening reliance on foreign adversaries.
Bill HRES 375January 24, 2026
Empower Charter School Educators to Lead Act
Bill HR 3453January 24, 2026
Star-Spangled Summit Act of 2025
Bill HR 4684January 23, 2026
Cross-Boundary Wildfire Solutions Act
Bill HR 3922January 23, 2026
Whole Milk for Healthy Kids Act of 2025
Bill S 222January 23, 2026
Retire through Ownership Act
Bill HR 5169January 23, 2026
No Tax on Home Sales Act
Bill HR 4327January 23, 2026
MAWS Act of 2025
Bill HR 4294January 23, 2026
Enhanced Iran Sanctions Act of 2025
Bill HR 1422January 23, 2026