H.R.3993: Capital Access for Small Businesses and Jobs Act

About This Bill

Bill Summary

Capital Access for Small Businesses and Jobs Act - Amends the Federal Credit Union Act to empower federal credit unions to receive payments, representing equity, on certain uninsured non-share capital accounts, subject to such terms, rates, and conditions as may be established by the board of directors, within limitations prescribed by the National Credit Union Administration Board (Board). Requires any system of prompt corrective action for...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Feb. 9, 2012

Introduced in the House by Peter T. King (R-N.Y.)

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