senateStanding
Banking, Housing, and Urban Affairs Committee
- Referred To
← Back to federal legislation0 ratings0 comments Official committee record ↗
H.R. 975Passed House
Credit Union Board Modernization Act
Introduced: Feb 4, 2025
Latest action date: Feb 11, 2025
Latest development
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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- Congress
- 119th Congress
- Introduced
- Feb 4, 2025
- Recorded roll calls
- 0
Status detail: The full action history records passage in the House.
Plain-language overview
What this bill does
Credit Union Board Modernization Act
This bill reduces the required frequency of meetings held by the board of directors of certain credit unions. Under the bill, new credit unions and credit unions with a low soundness rating must meet monthly, as required under current law. All other credit unions must hold at least six meetings annually, with at least one meeting held during each fiscal quarter.
Official summary from Congress.gov.
Civixly topics
What this legislation is about
Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.
Official CRS policy area
Finance and Financial Sector
View 4 official legislative subjects
Administrative remediesBanking and financial institutions regulationCorporate finance and managementNational Credit Union Administration
Committee activity
Committees and subcommittees that received, reviewed, marked up, or reported this legislation.
Official committee record ↗
houseStanding
Financial Services Committee
- Referred To
Amendments
Proposed changes to this measure, with their latest official outcome or action from Congress.gov.
No amendments are listed for this measure.
Checked against Congress.gov Sep 30, 2026.
Action timeline
Newest action first. Action language comes from the official Congress.gov record.
View full action timeline10 actions
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
IntroReferralSenateMotion to reconsider laid on the table Agreed to without objection.
FloorHouse floor actionsOn motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H601-602)
FloorHouse floor actionsPassed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H601-602)
FloorLibrary of CongressDEBATE - The House proceeded with forty minutes of debate on H.R. 975.
FloorHouse floor actionsConsidered under suspension of the rules. (consideration: CR H601-603)
FloorHouse floor actionsMr. Hill (AR) moved to suspend the rules and pass the bill.
FloorHouse floor actionsReferred to the House Committee on Financial Services.
IntroReferralHouse floor actionsIntroduced in House
IntroReferralLibrary of CongressIntroduced in House
IntroReferralLibrary of Congress
Roll-call votes
Recorded House and Senate votes connected to this bill. Your representatives appear first when available.
No connected roll-call votes are currently available for this bill.
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