H.R. 4464 · 115th Congress
Common Sense Credit Union Capital Relief Act of 2017
- Stage
- Reported from committee
- Sponsor
- Bill Posey
- Introduced
- 2017-11-28
- Latest action
- 2018-04-24 · Reported by the Committee on Financial Services. H. Rept. 115-647.
Summary
Common Sense Credit Union Capital Relief Act of 2017
This bill nullifies 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.)