A bill to amend the Federal Home Loan Bank Act with respect to membership eligibility of certain institutions.
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in senate (Dec 12, 2013)
Amends the Federal Home Loan Bank Act to modify the eligibility criteria for membership in the Federal Home Loan Bank System by redefining insured depository institution to cover certain insured depository institutions as defined by the Federal Deposit Insurance Act, including insured credit unions as well as any entity that the Consumer Financial Protection Bureau (CFPB) determines: (1) is engaged in the business of receiving deposits, and (2) could reasonably be mistaken for a depository institution by the entity's current or prospective customers.
What just happenedSep 16, 2014
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Who’s behind it
- Introduced in SenateDec 12, 2013
- Sep 16, 2014Committee
Committee on Banking, Housing, and Urban Affairs. Hearings held.
- Dec 12, 2013IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Dec 12, 2013IntroReferral10000
Introduced in Senate