Library / Laws / 115th / hr / H.R. 5288 / Introduced in House
I
115th CONGRESS
2d Session
H. R. 5288
IN THE HOUSE OF REPRESENTATIVES
March 14, 2018Mr. Posey (for himself and Mr. Heck) introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To delay the effective date of the rule issued by the National Credit Union Administration titled Risk-Based Capital.
1.
Short Title
This Act may be cited as the Common Sense Credit Union Capital Relief Act of 2018.
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.