H.R. 975 · 119th Congress
Credit Union Board Modernization Act
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Passed the House without a recorded vote. It passed by voice vote or unanimous consent, which don't record how each member voted. Its text can still change before it becomes law.
D
VargasSponsor22 cosponsors · 11 D, 11 R
R
Huizenga
JC
D
Chu
SC
D
Carbajal
SC
D
Casten
WD
R
Davidson
BF
D
Foster
RF
R
Fulcher
BF
R
Finstad
HG
R
Griffith
DI
R
Issa
YK
R
Kim
GM
D
Meeks
DM
R
Meuser
BS
D
Sherman
HS
D
Scholten
DT
D
Titus
JC
D
Costa
FL
R
Lucas
ZZ
R
(Zach) Nunn
SP
D
Peters
WT
R
Timmons
NW
D
Williams1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Feb 4, 2025
- House Passed Feb 10, 2025
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.
What it does: CRS summary · Introduced in House · Feb 4, 2025
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Credit Union Board Modernization Act
Latest action (Feb 11, 2025): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Feb 4, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Feb 4, 2025
- House Passed Feb 10, 2025
No recorded floor vote found.