S.4036: A bill to clarify the National Credit Union Administration authority to make stabilization fund expenditures without borrowing from the Treasury.

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Dec. 16, 2010
  • Latest Major Action Jan. 4, 2011

Bill Summary

Amends the Federal Credit Union Act regarding repayment to the Treasury of advances to the Temporary Corporate Credit Union Stabilization Fund (Stabilization Fund) for payments connected to the conservatorship, liquidation, or threatened conservatorship or liquidation, of a corporate credit union. Revises requirements for assessments on federally insured credit unions by the National Credit Union Administration Board to ensure that the...

(Source: Library of Congress)

Bill Actions

Date Description
Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent.
Received in the House.
Message on Senate action sent to the House.
Referred to the House Committee on Financial Services.
Mr. Klein (FL) asked unanimous consent to discharge from committee and consider.
Committee on Financial Services discharged.
Considered by unanimous consent.
On passage Passed without objection.
Motion to reconsider laid on the table Agreed to without objection.
Cleared for White House.
Presented to President.
Signed by President.
Became Public Law No: 111-382.
Dec. 16, 2010

Introduced in the Senate by Christopher J. Dodd (D-Conn.)

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