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- H.R.2351
H.R.2351: Credit Union Share Insurance Stabilization Act
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced May 12, 2009
- Latest Major Action May 12, 2009
Bill Sponsor
Bill Cosponsors
5 (4 Democrats, 2 Republicans)
Bill Summary
Credit Union Share Insurance Stabilization Act - Amends the Federal Credit Union Act (FCUA) to grant the National Credit Union Administration (NCUA) increased borrowing authority until December 31, 2010. Requires the NCUA Board to: (1) establish a National Credit Union Share Insurance Fund (NCUSIF) Restoration Plan whenever it projects that the equity ratio of the NCUSIF will fall below a designated minimum equity ratio; and (2) establish the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| May 12, 2009 |
Introduced in the House by Paul E. Kanjorski (D-Pa.) |