United States · Bill · HR
H.R. 3958 (117th)
Central Liquidity Facility Enhancement Act
Introduced
16 June 2021
Last action
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Status
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 22.
Sponsors
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Subjects
Discovery layer
Source updated
3 January 2025
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 authority, allows corporate credit unions to borrow for additional purposes, expands agent memberships, and revises the requirements for loan approval.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 16 June 2021
Introduced in House (PDF)
Introduced in House · EN · 16 June 2021
Introduced in House
summary · EN · 16 June 2021
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Sources
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- Official source: https://www.congress.gov/bill/117th-congress/house-bill/3958
- Open data entity: https://api.congress.gov/v3/bill/117/hr/3958