Bill Detail
H.R. 975
Congress: 119
Title
Credit Union Board Modernization Act
Summary
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.
Sponsor
Rep. Juan Vargas [D-CA-52]
Status
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Status as of Jun 29, 3:28 PM · synced 5h ago
Introduced
2025-02-04
Data source mode: cache
Bill Engagement
Credit Union Board Modernization Act This bill reduces the required frequency of meetings held by the board of directors of certain credit unions.
Lobbyists on the case
- Credit Union National Association. Inc. DBA America's Credit Unions5 filings · 18 lobs
- Brownstein Hyatt Farber Schreck, LLP5 filings · 5 lobs
- Independent Community Bankers of America3 filings · 16 lobs
- James Akin2026 Q1
- Stephanie Belk2026 Q1
- Leah Dempsey2026 Q1
- Clark Derrington2026 Q1
- Phil Drager2026 Q1
- Lauren Flynn2026 Q1Brownstein Hyatt Farber Schreck, LLP · House Approps Comm, Clerk/Staff Dir, Fin Services; Senate Approps Comm, Clerk/Staff Director, Fin…
- Gordon Holzberg2026 Q1
- Luke Martone2026 Q1