H.R. 4464

Common Sense Credit Union Capital Relief Act of 2017

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IB

Union Calendar No. 496

115th CONGRESS

2d Session

H. R. 4464

[Report No. 115–647]

IN THE HOUSE OF REPRESENTATIVES

November 28, 2017

Mr. Posey introduced the following bill; which was referred to the Committee on Financial Services

April 24, 2018

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed

A BILL

To repeal 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 2017.

2.

Repeal

The rule issued by the National Credit Union Administration titled Risk-Based Capital (published at 80 Fed. Reg. 66626 (October 29, 2015)) shall have no force or effect, and any regulation revised by that rule shall be applied as if that rule had not been issued.

April 24, 2018

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed