Senate Bill 3750
115th Congress(2017-2018)
Common Sense Credit Union Capital Relief Act of 2018
Introduced
Introduced in Senate on Dec 13, 2018
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3750
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
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.)
December 13, 2018
12/13/2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
12/13/2018
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:40:40 PM