Credit Union Board Modernization Act
HR 975 - 119 Congress
Introduced
Feb 04, 2025
Origin chamber
House
Updated time
Mar 10, 2025 07:25 pm
Summary
Credit Union Board Modernization Act
This bill reduces the required frequency of meetings held by the board of directors of certain credit unions. Under the bill, new credit unions and credit unions with a low soundness rating must meet monthly, as required under current law. All other credit unions must hold at least six meetings annually, with at least one meeting held during each fiscal quarter.
Sponsors
Juan Vargas
Representative - California
Party: Democratic, 2013 -
Cosponsors
Bill Huizenga
Representative - Michigan
Party: Republican, 2011 -
Sean Casten
Representative - Illinois
Party: Democratic, 2019 -
Hillary J. Scholten
Representative - Michigan
Party: Democratic, 2023 -
Warren Davidson
Representative - Ohio
Party: Republican, 2016 -
Daniel Meuser
Representative - Pennsylvania
Party: Republican, 2019 -
Bill Foster
Representative - Illinois
Party: Democratic, 2008 -
Young Kim
Representative - California
Party: Republican, 2021 -
Darrell Issa
Representative - California
Party: Republican, 2001 -
Russ Fulcher
Representative - Idaho
Party: Republican, 2019 -
Salud O. Carbajal
Representative - California
Party: Democratic, 2017 -
Gregory W. Meeks
Representative - New York
Party: Democratic, 1997 -
H. Morgan Griffith
Representative - Virginia
Party: Republican, 2011 -
Brad Finstad
Representative - Minnesota
Party: Republican, 2022 -
Dina Titus
Representative - Nevada
Party: Democratic, 2009 -
Judy Chu
Representative - California
Party: Democratic, 2009 -
Brad Sherman
Representative - California
Party: Democratic, 1997 -
Jim Costa
Representative - California
Party: Democratic, 2005 -
Nikema Williams
Representative - Georgia
Party: Democratic, 2021 -
Zachary Nunn
Representative - Iowa
Party: Republican, 2023 -
William R. Timmons IV
Representative - South Carolina
Party: Republican, 2019 -
Obligatory Meaningless Copyright 2025
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