IN THE SENATE OF THE UNITED STATES
December 13, 2018
Mr. Rounds introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
To delay the effective date of the rule issued by the National Credit Union Administration titled
This Act may be cited as the
Common Sense Credit Union Capital Relief Act of 2018.
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.