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BillsHH.R. 975

Credit Union Board Modernization Act

119th CongressIntroduced February 4, 2025Rep. Vargas, Juan [D-CA-52]· CA-52
Stage
In other chamber
Latest action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
February 11, 2025

Summary

Credit Union Board Modernization Act This bill reduces the required frequency of meetings held by the board of directors of certain credit unions.

Committees

  • PrimaryBanking, Housing, and Urban Affairs Committee
  • AlsoFinancial Services Committee

CRS subjects

Administrative remediesBanking and financial institutions regulationCorporate finance and management

Action history

  1. February 4, 2025Introduced in House
  2. February 4, 2025Introduced in House
  3. February 4, 2025Referred to the House Committee on Financial Services.
  4. February 10, 2025Mr. Hill (AR) moved to suspend the rules and pass the bill.
  5. February 10, 2025Considered under suspension of the rules. (consideration: CR H601-603)
  6. February 10, 2025DEBATE - The House proceeded with forty minutes of debate on H.R. 975.
  7. February 10, 2025Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H601-602)
  8. February 10, 2025On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H601-602)
  9. February 10, 2025Motion to reconsider laid on the table Agreed to without objection.
  10. February 11, 2025Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Cosponsors (22)

Text versions

Related bills

  • H.R. 6955related
    Main Street Act
  • S. 522related
    Credit Union Board Modernization Act
  • H.R. 185related
    Responsible Legislating Act