S 1332 · 96th Congress · Finance and Financial Sector

A bill to authorize federally chartered credit unions to utilize share draft accounts.

Introduced 1979-06-13· Sponsored by Sen. Gravel, Mike [D-AK]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1979-06-13)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Federal Credit Union Act to authorize Federal credit unions to permit withdrawals from share draft accounts by negotiable or non-negotiable drafts subject to terms, rates, and conditions prescribed by the National Credit Union Administration Board.…

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

Cosponsors (4)

3 Democrats1 Republican