Library / Laws / 115th / s / S. 3750 / Introduced in Senate
II
115th CONGRESS
2d Session
S. 3750
IN THE SENATE OF THE UNITED STATES
December 13, 2018Mr. Rounds introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
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.