Politiparty
Politiparty

119th Congress Finance and Financial Sector

H.R. 975: Credit Union Board Modernization Act

Passed HouseFeb 10, 2025

  1. Passed House (completed)Feb 10, 2025
  2. Passed Senate (not reached)
  3. To the President (not reached)
  4. Became law (not reached)

Summary

Introduced in House, Feb 4, 2025

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

22

Bipartisan support.

Who scored on this bill

124 points earned
  1. 1Juan Vargas D-CA SponsorDrew cross-party cosponsors, introduced, passed House3 events+36
  2. 2Salud Carbajal D-CACosponsored; cosponsored bill passed2 events+4
  3. 2Sean Casten D-ILCosponsored; cosponsored bill passed2 events+4
  4. 2Judy Chu D-CACosponsored; cosponsored bill passed2 events+4
  5. 2Jim Costa D-CACosponsored; cosponsored bill passed2 events+4
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Juan Vargas

History

  1. Feb 10, 2025Passed the House by voice vote.
  2. Feb 4, 2025Introduced in the House by Juan Vargas.
Show the full action history (9 actions)
  1. Feb 11, 2025Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Feb 10, 2025Mr. Hill (AR) moved to suspend the rules and pass the bill.
  3. Feb 10, 2025Considered under suspension of the rules. (consideration: CR H601-603)
  4. Feb 10, 2025DEBATE - The House proceeded with forty minutes of debate on H.R. 975.
  5. Feb 10, 2025Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H601-602)
  6. Feb 10, 2025On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H601-602)
  7. Feb 10, 2025Motion to reconsider laid on the table Agreed to without objection.
  8. Feb 4, 2025Introduced in House
  9. Feb 4, 2025Referred to the House Committee on Financial Services.