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H.R. 2287 (114th): National Credit Union Administration Budget Transparency Act

The text of the bill below is as of Dec 12, 2016 (Reported by House Committee).


IB

Union Calendar No. 678

114th CONGRESS

2d Session

H. R. 2287

[Report No. 114–868]

IN THE HOUSE OF REPRESENTATIVES

May 13, 2015

(for himself and Ms. Sinema) introduced the following bill; which was referred to the Committee on Financial Services

December 12, 2016

Additional sponsors: Mr. Sherman, Mr. Stivers, Mr. Posey, Mr. Neugebauer, Mr. Luetkemeyer, Mr. Fitzpatrick, Mr. Royce, Mr. Pittenger, Mr. Emmer of Minnesota, Mr. Barr, Mr. David Scott of Georgia, Mrs. Bustos, Mr. Rothfus, Mr. Chabot, Mr. Rouzer, Mr. Jones, Mr. Ashford, Ms. Jenkins of Kansas, Mr. Ross, Mr. Rigell, Mr. Johnson of Ohio, Mr. Fincher, Mr. Hultgren, Mr. Graves of Missouri, Mr. Williams, Mr. McHenry, Mr. Duncan of South Carolina, Mr. Hudson, Mr. Meadows, Mr. McKinley, Mr. Rush, and Mr. Young of Alaska

December 12, 2016

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed


A BILL

To require the National Credit Union Administration to hold public hearings and receive comments from the public on its budget, and for other purposes.


1.

Short title

This Act may be cited as the National Credit Union Administration Budget Transparency Act.

2.

Budget transparency for the NCUA

Section 209(b) of the Federal Credit Union Act (12 U.S.C. 1789) is amended—

(1)

by redesignating paragraphs (1) and (2) as paragraphs (2) and (3), respectively;

(2)

by inserting before paragraph (2), as so redesignated, the following:

(1)

on an annual basis and prior to the submission of the detailed business-type budget required under paragraph (2)—

(A)

make publicly available and cause to be printed in the Federal Register a draft of such detailed business-type budget; and

(B)

hold a public hearing, with public notice provided of such hearing, wherein the public can submit comments on the draft of such detailed business-type budget;

; and

(3)

in paragraph (2), as so redesignated—

(A)

by inserting detailed after submit a; and

(B)

by inserting , and where such budget shall address any comments submitted by the public pursuant to paragraph (1)(B) after Control Act.

December 12, 2016

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed