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H.R.3584: Capital Access for Small Community Financial Institutions Act of 2014
About this Bill
|This bill was introduced in the||113th Congress|
|This bill is primarily about||finance and financial sector|
|You can||read the bill|
|Sponsor||Steve Stivers, R-Ohio|
|Total Cosponsors||3 (2 Democrats, 1 Republican)|
|Introduced||Nov. 21, 2013|
|Latest Major Action||May 7, 2014|
|See it on||GovTrack|
|See it on||C-SPAN|
- Bill introduced in the House
- Bill passed in the House
- Bill passed in the Senate
- Bill signed into law
Capital Access for Small Community Financial Institutions Act of 2014 - (Sec. 2) Amends the Federal Home Loan Bank Act to treat certain privately insured credit unions as insured depository institutions for purposes of determining eligibility for membership in a federal home loan bank.
Permits a credit union which lacks federal deposit insurance and has applied for membership in a federal home loan bank to be treated as meeting all the eligibility requirements for federal deposit insurance if the supervisor of the chartering state has determined that it meets all federal deposit insurance eligibility requirements.
Deems such a credit union to have met the eligibility criteria for federal home loan bank membership if, six months after its application date, the state supervisor has failed to act upon the application.
Prohibits the application of a state law authorizing a conservator or liquidating agent of a credit union to repudiate contracts to any: (1) exte...
(Source: Congressional Research Service)
|May 7, 2014||Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.|
|May 6, 2014||
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 395 - 0 (Roll no. 195). (text: CR H3418)
|May 6, 2014||Considered as unfinished business. (consideration: CR H3434)|
|May 6, 2014||At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.|
|May 6, 2014||DEBATE - The House proceeded with forty minutes of debate on H.R. 3584.|
|May 6, 2014||Considered under suspension of the rules. (consideration: CR H3418-3420)|
|May 6, 2014||Mrs. Capito moved to suspend the rules and pass the bill, as amended.|
|March 14, 2014||Ordered to be Reported (Amended) by the Yeas and Nays: 55 - 0.|
|March 14, 2014||Committee Consideration and Mark-up Session Held.|
|Dec. 4, 2013||Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.|
|Nov. 21, 2013||Referred to the House Committee on Financial Services.|