115th CONGRESS 2d Session |
To delay the effective date of the rule issued by the National Credit Union Administration titled “Risk-Based Capital”.
March 14, 2018
Mr. Posey (for himself and Mr. Heck) introduced the following bill; which was referred to the Committee on Financial Services
To delay the effective date of 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,
This Act may be cited as the “Common Sense Credit Union Capital Relief Act of 2018”.
SEC. 2. Delay in effective date.
Notwithstanding any effective date set forth in the rule issued by the National Credit Union Administration titled “Risk-Based Capital” (published at 80 Fed. Reg. 66626 (October 29, 2015)), such final rule shall take effect on January 1, 2021.