HR 2769
114th Congress
House
Finance and Financial Sector
Administrative law and regulatory procedures
Bank accounts, deposits, capital
Banking and financial institutions regulation
Government studies and investigations
National Credit Union Administration
Risk-Based Capital Study Act of 2015
Introduced: June 15, 2015
See on congress.gov
Everywhere this bill has been
7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 12, 2016
Placed on the Union Calendar, Calendar No. 679.
Dec 12, 2016
Reported by the Committee on Financial Services. H. Rept. 114-869.
Sep 30, 2015
Ordered to be Reported by the Yeas and Nays: 50 - 9.
Sep 30, 2015
Committee Consideration and Mark-up Session Held.
Jun 15, 2015
Referred to the House Committee on Financial Services.
Jun 15, 2015
Sponsor introductory remarks on measure. (CR E894)
Jun 15, 2015
Introduced in House
Plain-English summary
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Risk-Based Capital Study Act of 2015
(Sec. 2) This bill directs the National Credit Union Administration (NCUA) to study the appropriate capital requirements for federal credit unions and state credit unions, including:
- whether the NCUA has the clear legal authority to prescribe separate risk-based capital thresholds for both "adequately capitalized" and "well capitalized" credit unions;
- a discussion of the differences between credit unions and other types of depository institutions and reasons why they should have similar or different risk-weights for their capital requirements;
- a discussion of the rationale behind the risk-weights assigned in the proposed NCUA rule "Risk-Based Capital"; and
- an analysis of the impact the proposed rule would have upon excess capital above the minimum level for a credit union to be "well capitalized" (a credit union's "capital cushion"), including the potential impact upon credit union lending and credit union examinations.
A credit union may not be required to provide information regarding the capital standards sought in the NCUA study, but may provide it voluntarily.
(Sec. 3) The NCUA may not issue or implement any final rule or regulation governing risk-based capital (including the proposed rule) earlier than 120 days after it reports to Congress on the study.
What's happening now
Placed on the Union Calendar, Calendar No. 679.
Committees of jurisdiction
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