United States · Bill · HR
H.R. 582 (118th)
Credit Union Board Modernization Act
Introduced
26 January 2023
Last action
—
Status
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
—
Subjects
Discovery layer
Source updated
27 May 2025
Summary
Credit Union Board Modernization Act This bill revises the required frequency of meetings held by a credit union's board of directors. Specifically, new credit unions and credit unions with a low soundness rating must meet monthly. 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 boards must meet at least once a month.
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Timeline
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Votes
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Versions
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Documents
8 official files
Referred in Senate (text)
Referred in Senate (text)
Referred in Senate · EN · 31 January 2023
Referred in Senate (PDF)
Referred in Senate · EN · 31 January 2023
Engrossed in House (text)
Engrossed in House · EN · 30 January 2023
Engrossed in House (PDF)
Engrossed in House · EN · 30 January 2023
Passed House
summary · EN · 30 January 2023
Introduced in House (text)
Introduced in House · EN · 26 January 2023
Introduced in House (PDF)
Introduced in House · EN · 26 January 2023
Introduced in House
summary · EN · 26 January 2023
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/118th-congress/house-bill/582
- Open data entity: https://api.congress.gov/v3/bill/118/hr/582