Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.4325
S.4325: Credit Union Board Modernization Act
About This Bill
- Introduced May 26, 2022
- Latest Major Action May 26, 2022
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
20 (8 Democrats, 12 Republicans)
Bill Version
- Introduced in Senate - May 26, 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)
Bill Actions
| Date | Description |
|---|---|
| May 26, 2022 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| May 26, 2022 |
Introduced in the Senate by Kyrsten Sinema (ID-Ariz.) |