H.R.3958: Central Liquidity Facility Enhancement Act

About This Bill

  • Introduced June 16, 2021
  • Latest Major Action June 23, 2021

Bill Version

Bill Summary

Central Liquidity Facility Enhancement Act This bill permanently extends waivers applicable to the National Credit Union Administration Central Liquidity Facility with respect to membership, credit extension, and borrowing requirements. Currently, these waivers expire on December 31, 2021. The facility extends credit to member credit unions experiencing liquidity shortfalls. Specifically, the bill increases the facility's maximum borrowing...

(Source: Library of Congress)

Bill Actions

Date Description
June 23, 2021
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 22.
June 23, 2021
Committee Consideration and Mark-up Session Held.
June 16, 2021
Referred to the House Committee on Financial Services.
June 16, 2021

Introduced in the House by Maxine Waters (D-Calif.)

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