H.R. 5288

Common Sense Credit Union Capital Relief Act of 2018

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I

115th CONGRESS

2d Session

H. R. 5288

IN THE HOUSE OF REPRESENTATIVES

March 14, 2018

Mr. 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.