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- H.R.6889
H.R.6889: Credit Union Board Modernization Act
About This Bill
- Introduced March 1, 2022
- Latest Major Action Oct. 11, 2022
Bill Sponsor
Bill Cosponsors
109 (52 Democrats, 57 Republicans)
Bill Versions
- Referred in Senate - Oct. 11, 2022
- Engrossed in House - Sept. 29, 2022
- Reported in House - Sept. 28, 2022
- Introduced in House - March 1, 2022
Bill Summary
Credit Union Board Modernization Act This bill revises the frequency of meetings required to be held by a credit union's board of directors. Specifically, the bill requires monthly meetings for new credit unions during their first five years and for credit unions with a low soundness rating. All other credit unions must hold at least six meetings annually, with at least one meeting held during each fiscal quarter. Currently, all credit union...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
Oct. 11, 2022 |
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Sept. 29, 2022 |
Pursuant to section 10 of H. Res. 1396, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 1638, as amended; H.R. 3304, as amended; H.R. 4081, as amended; H.R. 4821, as amended; H.R. 6889, as amended; H.R. 6967, as amended; H.R. 8163, as amended; H.R. 8510, as amended; H.R. 8681, as amended; H.R. 8875, as amended; H.R. 8956; S. 1198; and agree to the Senate amendments to H.R. 5641.
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Sept. 29, 2022 |
Pursuant to the provisions of H. Res. 1396, proceedings on H.R. 6889 are considered vacated.
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Sept. 29, 2022 |
The title of the measure was amended. Agreed to without objection.
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Sept. 28, 2022 |
Considered under suspension of the rules.
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Sept. 28, 2022 |
Considered under suspension of the rules. (consideration: CR H8157-8158; text: CR H8157-8158)
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Sept. 28, 2022 |
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.
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Sept. 28, 2022 |
DEBATE - The House proceeded with forty minutes of debate on H.R. 6889.
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Sept. 28, 2022 |
Ms. Waters moved to suspend the rules and pass the bill, as amended.
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Sept. 28, 2022 |
Placed on the Union Calendar, Calendar No. 386.
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Sept. 28, 2022 |
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-517.
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July 27, 2022 |
Ordered to be Reported (Amended) by Voice Vote.
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July 27, 2022 |
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
|
July 27, 2022 |
Committee Consideration and Mark-up Session Held.
|
March 1, 2022 |
Referred to the House Committee on Financial Services.
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March 1, 2022 |
Introduced in the House by Juan Vargas (D-Calif.) |