I 
114TH CONGRESS 
1ST SESSION H. R. 2769 
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) intro-
duced the following bill; which was referred to the Committee on Finan-
cial Services 
A BILL 
To require the National Credit Union Administration to con-
duct a study of the appropriate capital requirements 
for credit unions, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Risk-Based Capital 
Study Act of 2015’’. 
SEC. 2. NCUA STUDY. 
(a) IN GENERAL.—The National Credit Union Ad-
ministration shall conduct a study of the appropriate cap-
ital requirements for Federal credit unions and State cred-
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it unions (as such terms are defined, respectively, under 
section 101 of the Federal Credit Union Act (12 U.S.C. 
1752) (hereinafter referred to as ‘‘credit unions’’)). 
(b) ISSUES TO BE STUDIED.—The study required 
under subsection (a) shall include— 
(1) an analysis of whether or not the National 
Credit Union Administration has the clear legal au-
thority to prescribe separate risk-based capital 
thresholds for both ‘‘adequately capitalized’’ and 
‘‘well capitalized’’ credit unions; 
(2) a discussion of the differences between cred-
it unions and other types of depository institutions 
and reasons why they should have similar or dif-
ferent risk-weights for their capital requirements; 
(3) a discussion of the rationale behind the 
risk-weights assigned in the proposed rule of the Na-
tional Credit Union Administration titled ‘‘Risk- 
Based Capital’’ (80 Fed. Reg. 4340; January 27, 
2015); and 
(4) an analysis of the impact the proposed rule 
described in paragraph (3) would have on excess 
capital above the minimum level for a credit union 
to be ‘‘well capitalized’’ (a credit union’s ‘‘capital 
cushion’’) including the impact it could have on 
credit union lending and credit union examinations. 
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(c) VOLUNTARY PARTICIPATION.—Any credit union 
may voluntarily provide information for the study required 
under subsection (a) upon the request of the National 
Credit Union Administration, but may not be required to 
provide such information. 
(d) REPORT TO CONGRESS.—Not later than 270 days 
after the date of the enactment of this Act, the National 
Credit Union Administration shall issue a report to the 
Committee on Banking, Housing, and Urban Affairs of 
the Senate and the Committee on Financial Services of 
the House of Representatives containing— 
(1) all findings and determinations made in car-
rying out the study required under subsection (a); 
and 
(2) any legislative recommendations of the Na-
tional Credit Union Administration to improve the 
capital system for credit unions or establish a risk- 
based capital system for credit unions. 
SEC. 3. DELAY OF RULEMAKING. 
Notwithstanding any other provision of law, the Na-
tional Credit Union Administration may not issue or im-
plement any final rule or regulation with respect to risk- 
based capital for credit unions, including the proposed rule 
described under section 2(b)(3), before the end of the 120- 
day period beginning on the date the National Credit 
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Union Administration issues the report required under 
section 2(d). 
Æ 
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