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S 610 118th Congress Senate Finance and Financial Sector

Credit Union Board Modernization Act

Introduced: September 21, 2023 See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 1, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 1, 2023
Introduced in Senate
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 Plain-English summary Congressional Research Service

Credit Union Board Modernization Act

This bill revises the required frequency of meetings held by a credit union's board of directors. Specifically, new credit unions and credit unions with a low soundness rating must meet monthly. 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 March 1, 2023

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

 Related & companion bills 1
  • HR 582 Related bill Credit Union Board Modernization Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 31
All 31 Democratic 8 Republican 22 Independent 1
D
Merkley, Jeff
Oregon · Mar 14, 2024
 R
Ernst, Joni
Iowa · Mar 5, 2024
 R
Fischer, Deb
Nebraska · Feb 29, 2024
 D
Peters, Gary C.
Michigan · Dec 14, 2023
 D
Cortez Masto, Catherine
Nevada · Nov 30, 2023
 I
King, Angus S., Jr.
Maine · Nov 1, 2023
 R
Collins, Susan M.
Maine · Oct 24, 2023
 R
Young, Todd
Indiana · Sep 21, 2023
 R
Daines, Steve
Montana · Sep 14, 2023
 R
Hoeven, John
North Dakota · Sep 13, 2023
 R
Lee, Mike
Utah · Sep 13, 2023
 D
Whitehouse, Sheldon
Rhode Island · Sep 12, 2023
 R
Boozman, John
Arkansas · Sep 11, 2023
 R
Ricketts, Pete
Nebraska · Jul 26, 2023
 R
Britt, Katie Boyd
Alabama · Jul 20, 2023
 R
Budd, Ted
North Carolina · May 3, 2023
 R
Grassley, Chuck
Iowa · May 3, 2023
 D
Kaine, Tim
Virginia · May 3, 2023
 D
Klobuchar, Amy
Minnesota · May 3, 2023
 D
Reed, Jack
Rhode Island · Mar 29, 2023
 R
Sullivan, Dan
Alaska · Mar 28, 2023
 R
Tuberville, Tommy
Alabama · Mar 21, 2023
 R
Barrasso, John
Wyoming · Mar 14, 2023
 R
Cramer, Kevin
North Dakota · Mar 14, 2023
 R
Capito, Shelley Moore
West Virginia · Mar 8, 2023
 R
Crapo, Mike
Idaho · Mar 8, 2023
 R
Lummis, Cynthia M.
Wyoming · Mar 8, 2023
 R
Murkowski, Lisa
Alaska · Mar 8, 2023
 R
Hagerty, Bill
Tennessee · Mar 1, 2023
 D
Padilla, Alex
California · Mar 1, 2023
 R
Tillis, Thomas
North Carolina · Mar 1, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). S. 610: Credit Union Board Modernization Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-610/
MLA
"S. 610: Credit Union Board Modernization Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-610/.
Bluebook (legal)
S. 610, 118th Cong. (2026), https://openamerica.io/bill/118-S-610/.
Markdown link
[S. 610: Credit Union Board Modernization Act](https://openamerica.io/bill/118-S-610/)
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