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- H.R.2311
H.R.2311: Credit Union Governance Modernization Act of 2021
About This Bill
- Introduced April 1, 2021
- Latest Major Action Nov. 16, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
19 (9 Democrats, 10 Republicans)
Bill Version
- Introduced in House - April 1, 2021
Bill Summary
Credit Union Governance Modernization Act of 2021 This bill revises the procedure for expelling members from a federal credit union. Specifically, a member may be expelled for cause pursuant to a policy adopted by a majority vote of a quorum of the directors of a credit union. Currently, a member may be expelled by a two-thirds vote of the credit union membership present at a special meeting. The member may request a hearing from the board of...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Nov. 16, 2021 |
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
|
| Nov. 16, 2021 |
Committee Consideration and Mark-up Session Held.
|
| April 1, 2021 |
Referred to the House Committee on Financial Services.
|
| April 1, 2021 |
Introduced in the House by Tom Emmer (R-Minn.) |