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United States · Bill · HR

H.R. 6889 (117th)

Credit Union Board Modernization Act

referredUnited States· United States Congress· EN

Introduced

1 March 2022

Last action

11 October 2022 · Introduced

Status

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Rep. Vargas, Juan [D-CA-52], Rep. Porter, Katie [D-CA-47], Rep. Aguilar, Pete [D-CA-33], Rep. Roybal-Allard, Lucille [D-CA-40], Rep. Titus, Dina [D-NV-1], Rep. Case, Ed [D-HI-1], Kaiali'i Kahele, Rep. Brownley, Julia [D-CA-26], Anthony Gonzalez, Rep. Sessions, Pete [R-TX-17], Rep. Amodei, Mark E. [R-NV-2], Rep. Timmons, William R. [R-SC-4], Rep. Moore, Blake D. [R-UT-1], Rep. Mooney, Alexander X. [R-WV-2], Sen. Budd, Ted [R-NC], Rep. Miller, Mary E. [R-IL-15], Rep. Fitzpatrick, Brian K. [R-PA-1], Rep. Davidson, Warren [R-OH-8], Rep. Johnson, Mike [R-LA-4], Rep. Sánchez, Linda T. [D-CA-38], Rep. Bonamici, Suzanne [D-OR-1], Rep. Swalwell, Eric [D-CA-15], Rep. Torres, Norma J. [D-CA-35], Rep. Carbajal, Salud O. [D-CA-24], Rep. Cohen, Steve [D-TN-9], Rep. Norman, Ralph [R-SC-5], Rep. Issa, Darrell [R-CA-48], Rep. LaMalfa, Doug [R-CA-1], Rep. Babin, Brian [R-TX-36], Rep. Mace, Nancy [R-SC-1], Rep. Wilson, Joe [R-SC-2], Rep. Barr, Andy [R-KY-6], Rep. Calvert, Ken [R-CA-41], Rep. Davis, Rodney [R-IL-13], Rep. Craig, Angie [D-MN-2], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Feenstra, Randy [R-IA-4], Lisa McClain, Rep. Moore, Barry [R-AL-1], Rep. Garbarino, Andrew R. [R-NY-2], Rep. Garamendi, John [D-CA-8], Rep. Huffman, Jared [D-CA-2], Rep. Adams, Alma S. [D-NC-12], Rep. Panetta, Jimmy [D-CA-19], David Scott, Rep. Costa, Jim [D-CA-21], Rep. Eshoo, Anna G. [D-CA-18], Rep. Lowenthal, Alan S. [D-CA-47]

Subjects

Taxation

Source updated

28 May 2025

Taxation

Official sourceDownload fileView documentsShare

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 boards must meet at least once a month.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 1 March 2022

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 1 March 2022

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 1 March 2022

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 27 July 2022

    Reported

    Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.

    Source: Committee

  5. 27 July 2022

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  6. 28 September 2022

    Calendars

    Placed on the Union Calendar, Calendar No. 386.

    Source: Calendars

  7. 28 September 2022

    Vote

    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.

    Source: Floor

  8. 28 September 2022

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 6889.

    Source: Floor

  9. 28 September 2022

    Floor

    Considered under suspension of the rules. (consideration: CR H8157-8158; text: CR H8157-8158)

    Source: Floor

  10. 28 September 2022

    Floor

    Ms. Waters moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  11. 28 September 2022

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-517.

    Source: Committee

  12. 28 September 2022

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-517.

    Source: Committee

  13. 29 September 2022

    Passed

    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.

    Source: Floor

  14. 29 September 2022

    Passed

    Passed/agreed to in House: 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.

    Source: Floor

  15. 29 September 2022

    Floor

    Pursuant to the provisions of H. Res. 1396, proceedings on H.R. 6889 are considered vacated.

    Source: Floor

  16. 29 September 2022

    Passed

    The title of the measure was amended. Agreed to without objection.

    Source: Floor

  17. 11 October 2022

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

10 official files

Referred in Senate (text)

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  • Referred in Senate (text)

    Referred in Senate · EN · 11 October 2022

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  • Referred in Senate (PDF)

    Referred in Senate · EN · 11 October 2022

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  • Engrossed in House (text)

    Engrossed in House · EN · 29 September 2022

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 29 September 2022

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  • Passed House

    summary · EN · 29 September 2022

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  • Reported in House (text)

    Reported in House · EN · 28 September 2022

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  • Reported in House (PDF)

    Reported in House · EN · 28 September 2022

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  • Introduced in House (text)

    Introduced in House · EN · 1 March 2022

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  • Introduced in House (PDF)

    Introduced in House · EN · 1 March 2022

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  • Introduced in House

    summary · EN · 1 March 2022

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Sponsors

Showing 48 of 112 sponsors and actors.

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Sources

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