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- H.R.5519
H.R.5519: Credit Union Regulatory Relief Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about law
- Introduced March 3, 2008
- Latest Major Action March 3, 2008
Bill Sponsor
Bill Cosponsors
18 (12 Democrats, 7 Republicans)
Bill Summary
Credit Union Regulatory Relief Act of 2008 - Amends the Federal Credit Union Act to: (1) permit a credit union to invest in securities for its own account, subject to certain percentage limitations; and (2) increase the investment and lending limit in credit union service organizations from 1% to 3% of a credit union's total paid and unimpaired capital and surplus. Excludes credit union loans to nonprofit religious organizations from...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| March 3, 2008 |
Introduced in the House by Paul E. Kanjorski (D-Pa.) |