To repeal the rule issued by the National Credit Union Administration titled "Risk-Based Capital".
Common Sense Credit Union Capital Relief Act of 2017
This bill nullifies 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.)
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 33 - 25.
Reported by the Committee on Financial Services. H. Rept. 115-647.
Reported by the Committee on Financial Services. H. Rept. 115-647.
Placed on the Union Calendar, Calendar No. 496.
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