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H.R.5288 - Common Sense Credit Union Capital Relief Act of 2018115th Congress (2017-2018) |

Bill

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Sponsor: Rep. Posey, Bill [R-FL-8] (Introduced 03/14/2018)
Committees: House - Financial Services
Latest Action: House - 03/14/2018 Referred to the House Committee on Financial Services.  (All Actions)

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This bill has the status Introduced

Here are the steps for Status of Legislation:

  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Became Law

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  • Constitutional Authority Statement
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Summary: H.R.5288 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.5288. Bill summaries are authored by CRS.

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Introduced in House (03/14/2018)

Common Sense Credit Union Capital Relief Act of 2018

This bill delays to 2021 the National Credit Union Administration rule titled "Risk-Based Capital" published on October 29, 2015. (The rule establishes a new method, beginning in 2019, for measuring whether a credit union is adequately capitalized.)