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HR 6889 117th Congress House Finance and Financial Sector Administrative remedies Banking and financial institutions regulation Corporate finance and management National Credit Union Administration

Credit Union Board Modernization Act

Introduced: May 11, 2022 Introduced by: Vargas, Juan Democratic · California See on congress.gov
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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 15 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 11, 2022
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 29, 2022
Pursuant to section 10 of H. Res. 1396, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 1638, as amended; H.R. 3304, as amended; H.R. 4081, as amended; H.R. 4821, as amended; H.R. 6889, as amended; H.R. 6967, as amended; H.R. 8163, as amended; H.R. 8510, as amended; H.R. 8681, as amended; H.R. 8875, as amended; H.R. 8956; S. 1198; and agree to the Senate amendments to H.R. 5641.
Sep 29, 2022
Pursuant to the provisions of H. Res. 1396, proceedings on H.R. 6889 are considered vacated.
Sep 29, 2022
The title of the measure was amended. Agreed to without objection.
Sep 29, 2022
Passed/agreed to in House: Pursuant to section 10 of H. Res. 1396, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 1638, as amended; H.R. 3304, as amended; H.R. 4081, as amended; H.R. 4821, as amended; H.R. 6889, as amended; H.R. 6967, as amended; H.R. 8163, as amended; H.R. 8510, as amended; H.R. 8681, as amended; H.R. 8875, as amended; H.R. 8956; S. 1198; and agree to the Senate amendments to H.R. 5641.
Sep 28, 2022
Considered under suspension of the rules. (consideration: CR H8157-8158; text: CR H8157-8158)
Sep 28, 2022
Placed on the Union Calendar, Calendar No. 386.
Sep 28, 2022
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-517.
Sep 28, 2022
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Sep 28, 2022
DEBATE - The House proceeded with forty minutes of debate on H.R. 6889.
Sep 28, 2022
Ms. Waters moved to suspend the rules and pass the bill, as amended.
Jul 27, 2022
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Jul 27, 2022
Committee Consideration and Mark-up Session Held.
Mar 1, 2022
Introduced in House
Mar 1, 2022
Referred to the House Committee on Financial Services.
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 Plain-English summary Congressional Research Service

Credit Union Board Modernization Act

This bill revises the frequency of meetings required to be held by a credit union's board of directors. Specifically, the bill requires monthly meetings for new credit unions during their first five years and for credit unions with a low soundness rating. All other credit unions must hold at least six meetings annually, with at least one meeting held during each fiscal quarter. Currently, all credit union boards must meet at least once a month.

What's happening now October 11, 2022

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Related & companion bills 2
  • S 4325 Related bill Credit Union Board Modernization Act
  • HRES 1396 Related bill Providing for consideration of the bill (H.R. 3843) to promote antitrust enforcement and protect competition through ad…
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 108
All 108 Democratic 34 Republican 45
Bourdeaux, Carolyn
· Sep 28, 2022
 D
Crow, Jason
Colorado · Sep 28, 2022
 R
Finstad, Brad
Minnesota · Sep 28, 2022
 R
Fulcher, Russ
Idaho · Sep 28, 2022
Kilmer, Derek
· Sep 28, 2022
Luria, Elaine
· Sep 28, 2022
 D
Williams, Nikema
Georgia · Sep 28, 2022
Lamborn, Doug
· Sep 22, 2022
 D
Larsen, Rick
Washington · Sep 22, 2022
Wild, Susan
· Sep 21, 2022
 R
Bice, Stephanie I.
Oklahoma · Sep 20, 2022
 R
Johnson, Dusty
South Dakota · Sep 20, 2022
 R
Miller-Meeks, Mariannette
Iowa · Sep 20, 2022
 R
Stauber, Pete
Minnesota · Sep 20, 2022
Steel, Michelle
· Sep 20, 2022
 D
Davids, Sharice
Kansas · Aug 16, 2022
 R
Griffith, H. Morgan
Virginia · Aug 16, 2022
LaTurner, Jake
· Aug 16, 2022
 R
Mann, Tracey
Kansas · Aug 16, 2022
 R
Bentz, Cliff
Oregon · Jul 26, 2022
 D
Chu, Judy
California · Jul 26, 2022
 R
Huizenga, Bill
Michigan · Jul 26, 2022
McKinley, David
· Jul 26, 2022
Phillips, Dean
· Jul 26, 2022
Posey, Bill
· Jul 26, 2022
Blumenauer, Earl
· Jul 20, 2022
 D
Casten, Sean
Illinois · Jul 20, 2022
 D
Lee, Susie
Nevada · Jul 20, 2022
 D
McCollum, Betty
Minnesota · Jul 20, 2022
Armstrong, Kelly
· Jul 14, 2022
Herrera Beutler, Jaime
· Jul 14, 2022
 R
Kustoff, David
Tennessee · Jul 14, 2022
 R
Fischbach, Michelle
Minnesota · Jul 12, 2022
 R
Kelly, Mike
Pennsylvania · Jul 12, 2022
 D
Lieu, Ted
California · Jul 12, 2022
Manning, Kathy
· Jul 12, 2022
 R
Bilirakis, Gus M.
Florida · Jun 22, 2022
 D
Bishop, Sanford D.
Georgia · Jun 22, 2022
 R
Burchett, Tim
Tennessee · Jun 22, 2022
Carl, Jerry
· Jun 22, 2022
 R
Emmer, Tom
Minnesota · Jun 22, 2022
 D
Evans, Dwight
Pennsylvania · Jun 22, 2022
 R
Kelly, Trent
Mississippi · Jun 22, 2022
 D
Neguse, Joe
Colorado · Jun 22, 2022
 D
Horsford, Steven
Nevada · May 27, 2022
Kildee, Daniel
· May 27, 2022
 R
Obernolte, Jay
California · May 27, 2022
 R
Rutherford, John H.
Florida · May 27, 2022
 D
Schiff, Adam B.
California · May 27, 2022
Cárdenas, Tony
· May 11, 2022
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APA
U.S. Congress. (2026). H.R. 6889: Credit Union Board Modernization Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-6889/
MLA
"H.R. 6889: Credit Union Board Modernization Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-6889/.
Bluebook (legal)
H.R. 6889, 117th Cong. (2026), https://openamerica.io/bill/117-HR-6889/.
Markdown link
[H.R. 6889: Credit Union Board Modernization Act](https://openamerica.io/bill/117-HR-6889/)
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