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United States · Bill · S

S. 544 (118th)

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.

referredUnited States· United States Congress· EN

Introduced

28 February 2023

Last action

28 February 2023 · Introduced

Status

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

Sponsors

Sen. Padilla, Alex [D-CA], Sen. Cramer, Kevin [R-ND]

Subjects

Discovery layer

Source updated

27 May 2025

Summary

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.

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

Timeline

  1. 28 February 2023

    Introduced

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

    Source: IntroReferral

  2. 28 February 2023

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 28 February 2023

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 28 February 2023

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 28 February 2023

    Open at official source

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Sponsors

Related records

Sources

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