HR 5981 · 116th Congress · Finance and Financial Sector

Credit Union Board Modernization Act

Introduced 2020-02-26· Sponsored by Rep. Porter, Katie [D-CA-45]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2020-02-26)

Plain Language Summary

[AI summary unavailable — showing source text] Credit Union Board Modernization Act This bill reduces the frequency of meetings required to be held by a credit union's board of directors. Specifically, the bill requires at least six meetings annually, with at least one meeting held during each fiscal quarter. Currently, boards must meet at least once a month.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Rep. Amodei, Mark E. [R-NV-2]NV