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.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2025-02-11 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate |
| 2025-02-10 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2025-02-10 | Floor | On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H601-602) | House floor actions |
| 2025-02-10 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 975. | House floor actions |
| 2025-02-10 | Floor | Considered under suspension of the rules. (consideration: CR H601-603) | House floor actions |
| 2025-02-10 | Floor | Mr. Hill (AR) moved to suspend the rules and pass the bill. | House floor actions |
| 2025-02-04 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2025-02-04 | IntroReferral | Introduced in House | Library of Congress |