,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #edai  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,june #i1 #bjaf ,mr4  
,gu9ta introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to am5d ! ,f$]al  
,cr$it ,union ,act to ext5d ! exam9ation
 cycle ( ! ,national ,cr$it ,union      
,adm9i/ration to #ah mon?s = c]ta9 cr$it
 unions1 & = o!r purposes4  #a4 ,%ort   
title ,?is ,act may be cit$ z ! ,cr$it  
,union ,exam9ation ,re=m ,act ( #bjaf4  
#b4 ,ext5sion ( exam9ation cycle ( !    
,national ,cr$it ,union ,adm9i/ration to
 #ah mon?s  7a7 ,f$]al cr$it union      
exam9ations ,section #ajf ( ! ,f$]al    
,cr$it ,union ,act 7#ab ,u4,s4,c4 #agef7
 is am5d$--  7#a7 by /rik+ ,f$]al cr$it 
unions & ins]t+ ! foll[+3  7a7 ,9 g5]al 
,f$]al cr$it unions  2 &  7#b7 by add+  
at ! end ! foll[+3  7b7 #ah-,mon?       
exam9ation cycle = c]ta9 cr$it unions   
7#a7 ,9 g5]al ,an exam9ation ( a ,f$]al 
cr$it union describ$ "u subsection 7a7  
may only be c>ri$ out once dur+ ea*     

#ah-mon? p]iod ) respect to a ,f$]al    
cr$it union t--  7,a7 has total assets (
 less ?an #a1jjj1jjj1jjj2  7,b7 is well 
capitaliz$1 z su* t]m is def9$ "u       
section #baf7;c77#a72  7,c7 0 f\nd 9 its
 mo/ rec5t exam9ation to be well manag$1
 & its composite rat+ 7"u ! ,uni=m      
,f9ancial ,in/itutions ,rat+ ,sy/em or  
an equival5t rat+ "u a comp>able rat+   
sy/em7--  7i7 0 a #a1 9 ! case ( a      
,f$]al cr$it union t has total assets ( 
m ?an #bjj1jjj1jjj2 or  7ii7 0 a #a or a
 #b1 9 ! case ( a ,f$]al cr$it union t  
has total assets ( n m ?an #bjj1jjj1jjj2
 &  7,d7 is n curr5tly subject to a =mal
 en=cem5t proce$+ or ord] by !          
,adm9i/ration4  7#b7 ,safety & s\ndness 
exception ,p>agraph 7#a7 %all n apply to
 a ,f$]al cr$it union if ! ,adm9i/ration
 det]m9es--  7,a7 t su* cr$it union %\ld
 be exam9$ m (t5 ?an e #ah mon?s because
 ( safety & s\ndness conc]ns2 or  7,b7 t
 su* cr$it union has violat$ ! law4  4  
7b7 ,insur$ cr$it union exam9ations     
,section #bjd ( ! ,f$]al ,cr$it ,union  

,act 7#ab ,u4,s4,c4 #aghd7 is am5d$ by  
add+ at ! end ! foll[+3  7h7 #ah-,mon?  
exam9ation cycle = c]ta9 cr$it unions   
7#a7 ,9 g5]al ,an exam9ation ( an insur$
 cr$it union describ$ "u subsection 7a7 
may only be c>ri$ out once dur+ ea*     
#ah-mon? p]iod ) respect to an insur$   
cr$it union t--  7,a7 has total assets (
 less ?an #a1jjj1jjj1jjj2  7,b7 is well 
capitaliz$ or adequately capitaliz$1 z  
su* t]ms are def9$1 respectively1 "u    
section #baf7;c77#a72  7,c7 0 f\nd 9 its
 mo/ rec5t exam9ation to be well manag$1
 & its composite rat+ 7"u ! ,uni=m      
,f9ancial ,in/itutions ,rat+ ,sy/em or  
an equival5t rat+ "u a comp>able rat+   
sy/em7--  7i7 0 a #a1 9 ! case ( an     
insur$ cr$it union t has total assets ( 
m ?an #bjj1jjj1jjj2 or  7ii7 0 a #a or a
 #b1 9 ! case ( an insur$ cr$it union t 
has total assets ( n m ?an #bjj1jjj1jjj2
 &  7,d7 is n curr5tly subject to a =mal
 en=cem5t proce$+ or ord] by !          
,adm9i/ration4  7#b7 ,safety & s\ndness 
exception ,p>agraph 7#a7 %all n apply to

 an insur$ cr$it union if !             
,adm9i/ration det]m9es--  7,a7 t su*    
cr$it union %\ld be exam9$ m (t5 ?an e  
#ah mon?s because ( safety & s\ndness   
conc]ns2 or  7,b7 t su* cr$it union has 
violat$ ! law4  4  7c7 ,budget sav+s    
report ,n lat] ?an ! end ( ! #ahj-;day  
p]iod beg9n+ on ! date ( ! enactm5t (   
?is ,act1 ! ,national ,cr$it ,union     
,adm9i/ration %all issue a report to !  
,congress analyz+ h[ ! am5dm5ts made by 
?is section affect ! budget ( !         
,adm9i/ration4  7d7 ,rulemak+ ,n lat]   
?an ! end ( ! #ajj-;day p]iod beg9n+ on 
! date ( ! enactm5t ( ?is ,act1 !       
,national ,cr$it ,union ,adm9i/ration   
%all issue regulations to c>ry out !    
am5dm5ts made by ?is ,act4