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S. 3750 (115th): Common Sense Credit Union Capital Relief Act of 2018


The text of the bill below is as of Dec 13, 2018 (Introduced). The bill was not enacted into law.


II

115th CONGRESS

2d Session

S. 3750

IN THE SENATE OF THE UNITED STATES

December 13, 2018

introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To delay the effective date of the rule issued by the National Credit Union Administration titled Risk-Based Capital.

1.

Short Title

This Act may be cited as the Common Sense Credit Union Capital Relief Act of 2018.

2.

Delay in effective date

Notwithstanding any effective date set forth in the rule issued by the National Credit Union Administration titled Risk-Based Capital (published at 80 Fed. Reg. 66626 (October 29, 2015)), such final rule shall take effect on January 1, 2021.