Credit Union Board Modernization Act
This bill revises the frequency of meetings required to be held by a credit union's board of directors. Specifically, the bill requires monthly meetings for new credit unions during their first five years and for credit unions with a low soundness rating. All other credit unions must hold at least six meetings annually, with at least one meeting held during each fiscal quarter. Currently, all credit union boards must meet at least once a month.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2022-10-11 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate |
| 2022-09-29 | Floor | Pursuant to section 10 of H. Res. 1396, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 1638, as amended; H.R. 3304, as amended; H.R. 4081, as amended; H.R. 4821, as amended; H.R. 6889, as amended; H.R. 6967, as amended; H.R. 8163, as amended; H.R. 8510, as amended; H.R. 8681, as amended; H.R. 8875, as amended; H.R. 8956; S. 1198; and agree to the Senate amendments to H.R. 5641. | House floor actions |
| 2022-09-29 | Floor | Pursuant to the provisions of H. Res. 1396, proceedings on H.R. 6889 are considered vacated. | House floor actions |
| 2022-09-29 | Floor | The title of the measure was amended. Agreed to without objection. | House floor actions |
| 2022-09-28 | Floor | At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. | House floor actions |
| 2022-09-28 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 6889. | House floor actions |
| 2022-09-28 | Floor | Considered under suspension of the rules. (consideration: CR H8157-8158; text: CR H8157-8158) | House floor actions |
| 2022-09-28 | Floor | Ms. Waters moved to suspend the rules and pass the bill, as amended. | House floor actions |
| 2022-09-28 | Calendars | Placed on the Union Calendar, Calendar No. 386. | House floor actions |
| 2022-09-28 | Committee | Reported (Amended) by the Committee on Financial Services. H. Rept. 117-517. | House floor actions |
| 2022-07-27 | Committee | Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote. | House committee actions |
| 2022-07-27 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2022-03-01 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2022-03-01 | IntroReferral | Introduced in House | Library of Congress |