Skip to main content
HR 3958 117th Congress House Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation

Central Liquidity Facility Enhancement Act

Introduced: June 16, 2021 Introduced by: Waters, Maxine Democratic · California See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 23, 2021
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 22.
Jun 23, 2021
Committee Consideration and Mark-up Session Held.
Jun 16, 2021
Referred to the House Committee on Financial Services.
Jun 16, 2021
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Central Liquidity Facility Enhancement Act

This bill permanently extends waivers applicable to the National Credit Union Administration Central Liquidity Facility with respect to membership, credit extension, and borrowing requirements. Currently, these waivers expire on December 31, 2021. The facility extends credit to member credit unions experiencing liquidity shortfalls.

Specifically, the bill

  • increases the facility's maximum borrowing authority,
  • allows corporate credit unions to borrow for additional purposes,
  • expands agent memberships, and
  • revises the requirements for loan approval.
What's happening now June 23, 2021

Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 22.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 2
D
Garcia, Sylvia R.
Texas · Jun 23, 2021
Perlmutter, Ed
· Jun 16, 2021
 D
Sherman, Brad
California · Jun 16, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3958: Central Liquidity Facility Enhancement Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-3958/
MLA
"H.R. 3958: Central Liquidity Facility Enhancement Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-3958/.
Bluebook (legal)
H.R. 3958, 117th Cong. (2026), https://openamerica.io/bill/117-HR-3958/.
Markdown link
[H.R. 3958: Central Liquidity Facility Enhancement Act](https://openamerica.io/bill/117-HR-3958/)
Report a problem