NCUA Central Liquidity Facility Enhancements Act

Bill: 119-s-2545
Sponsor: full_name: Sen. Padilla, Alex [D-CA]
Introduced: 2025-07-30
Policy area: Finance and Financial Sector
Latest action: action_date: 2025-07-30
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4907: 2)

Summaries:

tv_txt: II 119th CONGRESS 1st Session S. 2545 IN THE SENATE OF THE UNITED STATES July 30, 2025 Mr. Padilla (for himself and Mr. Cramer ) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To amend the Federal Credit Union Act to provide for certain ways in which credit unions may be Agent members of the National Credit Union Administration Central Liquidity Facility.

1. Short title This Act may be cited as the NCUA Central Liquidity Facility Enhancements Act . 2. Agent membership Section 304(b)(2) of the Federal Credit Union Act ( 12 U.S.C. 1795c(b)(2) ) is amended by striking all those credit unions and inserting such credit unions as the Board may in its discretion determine .