S 3326
116th Congress
Senate
Finance and Financial Sector
Banking and financial institutions regulation
Credit and credit markets
Credit Union Modernization Act of 2019
Introduced: February 24, 2020
Introduced by:
Tillis, Thomas
Republican
· North Carolina
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 24, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 24, 2020
Introduced in Senate
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1