IB 

Union Calendar No. 679 

114TH CONGRESS 

2D SESSION H. R. 2769 

[Report No. 114–869] 

To require the National Credit Union Administration to conduct a study 

of the appropriate capital requirements for credit unions, and for other 

purposes. 

IN THE HOUSE OF REPRESENTATIVES 

JUNE 15, 2015 

Mr. FINCHER (for himself, Mr. HECK of Washington, and Mr. POSEY) introduced the following bill; which was referred to the Committee on Financial Services 

DECEMBER 12, 2016 

Additional sponsors: Mr. HILL, Mr. BARR, Mr. ROSS, Mr. BROOKS of Alabama, Mr. MURPHY of Florida, Ms. NORTON, Mrs. ROBY, Mr. DUFFY, 

Mr. ROTHFUS, Mr. BYRNE, Mr. COLLINS of New York, Mr. KING of New 

York, Mr. GARAMENDI, and Ms. JENKINS of Kansas 

DECEMBER 12, 2016 

Committed to the Committee of the Whole House on the State of the Union 

and ordered to be printed 


sradovich on DSK3GMQ082PROD with BILLS
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•HR 2769 RH

A BILL 

To require the National Credit Union Administration to conduct a study of the appropriate capital requirements 

for credit unions, and for other purposes. 


sradovich on DSK3GMQ082PROD with BILLS
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•HR 2769 RH

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Risk-Based Capital 

5 Study Act of 2015’’. 

6 SEC. 2. NCUA STUDY. 

7 (a) IN GENERAL.—The National Credit Union Ad8 ministration shall conduct a study of the appropriate cap9 ital requirements for Federal credit unions and State cred10 it unions (as such terms are defined, respectively, under 

11 section 101 of the Federal Credit Union Act (12 U.S.C. 

12 1752) (hereinafter referred to as ‘‘credit unions’’)). 

13 (b) ISSUES TO BE STUDIED.—The study required 

14 under subsection (a) shall include— 

15 (1) an analysis of whether or not the National 

16 Credit Union Administration has the clear legal au17 thority to prescribe separate risk-based capital 

18 thresholds for both ‘‘adequately capitalized’’ and 

19 ‘‘well capitalized’’ credit unions; 

20 (2) a discussion of the differences between cred21 it unions and other types of depository institutions 

22 and reasons why they should have similar or dif23 ferent risk-weights for their capital requirements; 

24 (3) a discussion of the rationale behind the 

25 risk-weights assigned in the proposed rule of the NaVerDate Sep 11 2014 23:23 Dec 12, 2016 Jkt 069200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H2769.RH H2769

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1 tional Credit Union Administration titled ‘‘Risk2 Based Capital’’ (80 Fed. Reg. 4340; January 27, 

3 2015); and 

4 (4) an analysis of the impact the proposed rule 

5 described in paragraph (3) would have on excess 

6 capital above the minimum level for a credit union 

7 to be ‘‘well capitalized’’ (a credit union’s ‘‘capital 

8 cushion’’) including the impact it could have on 

9 credit union lending and credit union examinations. 

10 (c) VOLUNTARY PARTICIPATION.—Any credit union 

11 may voluntarily provide information for the study required 

12 under subsection (a) upon the request of the National 

13 Credit Union Administration, but may not be required to 

14 provide such information. 

15 (d) REPORT TO CONGRESS.—Not later than 270 days 

16 after the date of the enactment of this Act, the National 

17 Credit Union Administration shall issue a report to the 

18 Committee on Banking, Housing, and Urban Affairs of 

19 the Senate and the Committee on Financial Services of 

20 the House of Representatives containing— 

21 (1) all findings and determinations made in car22 rying out the study required under subsection (a); 

23 and 

24 (2) any legislative recommendations of the Na25 tional Credit Union Administration to improve the 


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1 capital system for credit unions or establish a risk2 based capital system for credit unions. 

3 SEC. 3. DELAY OF RULEMAKING. 

4 Notwithstanding any other provision of law, the Na5 tional Credit Union Administration may not issue or im6 plement any final rule or regulation with respect to risk7 based capital for credit unions, including the proposed rule 

8 described under section 2(b)(3), before the end of the 120- 

9 day period beginning on the date the National Credit 

10 Union Administration issues the report required under 

11 section 2(d). 


sradovich on DSK3GMQ082PROD with BILLS
Union Calendar No. 679 

114TH CONGRESS 

2D SESSION H. R. 2769 

[Report No. 114–869] 

A BILL 

To require the National Credit Union Administrapurposes. requirements for credit unions, and for other tion to conduct a study of the appropriate capital 

DECEMBER 12, 2016 

Committed to the Committee of the Whole House on the 

State of the Union and ordered to be printed 


sradovich on DSK3GMQ082PROD with BILLS