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- S.2957
S.2957: Credit Union Regulatory Improvements Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about emergency management
- Introduced May 1, 2008
- Latest Major Action May 1, 2008
Bill Sponsor
Bill Cosponsors
4 (1 Democrat, 2 Independent Democrats, 2 Republicans)
Bill Summary
Credit Union Regulatory Improvements Act of 2008 - Amends the Federal Credit Union Act to reduce the minimum net worth ratio requirements of credit unions. Revises the minimum risk-based net ratio for such capitalizations.Transfers from the federal banking agencies to the Federal Deposit Insurance Corporation (FDIC) the authority to adjust the net worth levels of credit unions.Instructs the National Credit Union Administration Board (Board) to...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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| May 1, 2008 |
Introduced in the Senate by Joseph I. Lieberman (I-Conn.) |