S.1806: A bill to amend the Federal Home Loan Bank Act with respect to membership eligibility of certain institutions.

About This Bill

Bill Cosponsor

Bill Summary

Amends the Federal Home Loan Bank Act to modify the eligibility criteria for membership in the Federal Home Loan Bank System by redefining insured depository institution to cover certain insured depository institutions as defined by the Federal Deposit Insurance Act, including insured credit unions as well as any entity that the Consumer Financial Protection Bureau (CFPB) determines: (1) is engaged in the business of receiving deposits, and...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.1806.

Bill Actions

Date Description
Sept. 16, 2014
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Dec. 12, 2013
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec. 12, 2013

Introduced in the Senate by Sherrod Brown (D-Ohio)

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