United States House of Representatives Seal
H.R.4464
115th Congress (2017-2018)

Common Sense Credit Union Capital Relief Act of 2017

Committee: House - Financial Services

Sponsor: Rep. Posey, Bill [R-FL-8]

Introduced in House on November 28th, 2017

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  • Introduced
  • Passed House
  • Passed Senate
  • To President
  • Became Law
115th CONGRESS
1st Session
 
 
H. R. 4464

 

To repeal the rule issued by the National Credit Union Administration titled “Risk-Based Capital”.


IN THE HOUSE OF REPRESENTATIVES
November 28, 2017

Mr. Posey introduced the following bill; which was referred to the Committee on Financial Services


A BILL

To repeal the rule issued by the National Credit Union Administration titled “Risk-Based Capital”.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Common Sense Credit Union Capital Relief Act of 2017”.

SEC. 2. REPEAL.

The rule issued by the National Credit Union Administration titled “Risk-Based Capital” (published at 80 Fed. Reg. 66626 (October 29, 2015)) shall have no force or effect, and any regulation revised by that rule shall be applied as if that rule had not been issued.

 


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