Senate bill S544-118

Banking, Housing, and Urban Affairs Committee

A bill to amend the Federal Credit Union Act to provide a sunset for certain ways in which credit unions may be Agent members of the National Credit Union Administration Central Liquidity Facility.

• Last activity on Feb 28, 2023

• Introduced Feb 28, 2023

• By Sen. Padilla, Alex [D-CA]

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This bill temporarily grants the National Credit Union Administration Board discretion in determining the amount of capital stock in the National Credit Union Administration Central Liquidity Facility is required for a corporate credit union to become an agent member of the facility. The facility serves as a liquidity lender to member credit unions.

Senate Actions

IntroReferral
Feb. 28 2023	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S533)

Library of Congress Actions

IntroReferral
Feb. 28 2023	Introduced in Senate

Senate bill S544-118

A bill to amend the Federal Credit Union Act to provide a sunset for certain ways in which credit unions may be Agent members of the National Credit Union Administration Central Liquidity Facility.

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