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- H.R.2317
H.R.2317: Credit Union Regulatory Improvements Act of 2005
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about law
- Introduced May 12, 2005
- Latest Major Action June 3, 2005
Bill Sponsor
Bill Cosponsors
126 (81 Democrats, 1 Independent Democrat, 45 Republicans)
Bill Summary
Credit Union Regulatory Improvements Act of 2005 - Amends the Federal Credit Union Act to reduce the minimum net worth ratio requirements of well-capitalized, adequately capitalized, under capitalized, and significantly undercapitalized credit unions. Sets the minimum risk-based net ratio at 8%. Revises the requirement that the National Credit Union Administration Board design the risk-based net worth standard to take account of any material...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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| May 12, 2005 |
Introduced in the House by Edward Royce (R-Calif.) |