H.R. 3468: Credit Union Share Insurance Fund Parity Act

Nov 13, 2013
Reported by Committee
14% chance of being enacted
Track this bill
Edward “Ed” Royce
Representative for California's 39th congressional district
Read Text »
Last Updated
Nov 13, 2013
2 pages
Related Bills
H.R. 2572 (Related)
Regulatory Relief for Credit Unions Act of 2013

Referred to Committee
Last Action: Jun 28, 2013


The committees assigned to this bill sent it to the House or Senate as a whole for consideration on November 14, 2013.

Introduced Nov 13, 2013
Referred to Committee Nov 13, 2013
Reported by Committee Nov 14, 2013
Passed House ...
Passed Senate ...
Signed by the President ...

14% chance of being enacted.

Only about 23% of bills that made it past committee in 2011–2013 were enacted. [show factors | methodology]

Full Title

To amend the Federal Credit Union Act to extend insurance coverage to amounts held in a member account on behalf of another person, and for other purposes.


No summaries available.

4 cosponsors (3D, 1R) (show)

House Financial Services

The committee chair determines whether a bill will move past the committee stage.

Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.


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H.R. stands for House of Representatives bill.

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The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

Credit Union Share Insurance Fund Parity Act - Amends the Federal Credit Union Act to include in the net amount of share insurance payable to any member at an insured credit union the total amount of the shares or deposits held in the member's account on behalf of another person, after making certain offsets and deductions.
Modifies National Credit Union Administration (NCUA) Board authority to define the extent of the share insurance coverage provided where a member holds funds for the use of a nonmember. Requires coverage for an account established by a member to be consistent with Federal Deposit Insurance Corporation (FDIC) coverage, regardless of the membership status of the owner of the funds deposited in an account established by a credit union member.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

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