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House Bill 4464
115th Congress(2017-2018)
Common Sense Credit Union Capital Relief Act of 2017
Introduced
Introduced
Introduced in House on Nov 28, 2017
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H. R. 4464 (Introduced-in-House)


115th CONGRESS
1st Session
H. R. 4464


To repeal the rule issued by the National Credit Union Administration titled “Risk-Based Capital”.

IN THE HOUSE OF REPRESENTATIVES

November 28, 2017

Mr. Posey introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To repeal the rule issued by the National Credit Union Administration titled “Risk-Based Capital”.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Common Sense Credit Union Capital Relief Act of 2017”.

SEC. 2. Repeal.

The rule issued by the National Credit Union Administration titled “Risk-Based Capital” (published at 80 Fed. Reg. 66626 (October 29, 2015)) shall have no force or effect, and any regulation revised by that rule shall be applied as if that rule had not been issued.