2025-2026 Regular Session • US Congress Legislature

HB975: Credit Union Board Modernization Act

Legislative Summary

To amend the Federal Credit Union Act to modify the frequency of board of directors meetings, and for other purposes.

Demographic Impact

Overall analysis of equity impact

60% Positive

Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

2/4/2025

Introduced in House

House of Representatives

2/4/2025

Referred to the House Committee on Financial Services.

House of Representatives

2/10/2025

Mr. Hill (AR) moved to suspend the rules and pass the bill.

House of Representatives

2/10/2025

Considered under suspension of the rules. (consideration: CR H601-603)

House of Representatives

2/10/2025

DEBATE - The House proceeded with forty minutes of debate on H.R. 975.

House of Representatives

2/10/2025

On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H601-602)

House of Representatives

2/10/2025

Motion to reconsider laid on the table Agreed to without objection.

House of Representatives

2/11/2025

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Senate

Status Information

Current Status

Engrossed(2/11/2025)

Chamber

Senate

Committee

Banking, Housing, And Urban Affairs(Senate)

HB975: Credit Union Board Modernization Act

Legislative Summary

Demographic Impact

Unlock Full Demographic Insights

Bill History

Status Information

Sponsors

Primary Sponsor

Co-Sponsors (22)

Documents

External Links