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  <version>3.0.0</version>
  <bill>
    <number>1244</number>
    <updateDate>2023-01-11T13:35:04Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:35:04Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2017-02-28</introducedDate>
    <congress>115</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 163, Number 35 (Tuesday, February 28, 2017)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. KING of New York:H.R. 1244.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3The Congress shall have power to regulate Commerce withforeign Nations, and among the several States, and with theIndian Tribes.[Page H1392]</pre>]]></constitutionalAuthorityStatementText>
    <committees>
      <item>
        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2017-02-28T15:03:35Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2017-02-28</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <actionCode>H11100</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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      <item>
        <actionDate>2017-02-28</actionDate>
        <text>Introduced in House</text>
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        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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      <item>
        <actionDate>2017-02-28</actionDate>
        <text>Introduced in House</text>
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        <actionCode>1000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    </actions>
    <sponsors>
      <item>
        <bioguideId>K000210</bioguideId>
        <fullName>Rep. King, Peter T. [R-NY-2]</fullName>
        <firstName>PETER</firstName>
        <lastName>KING</lastName>
        <party>R</party>
        <state>NY</state>
        <middleName>T.</middleName>
        <district>2</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>S000344</bioguideId>
        <fullName>Rep. Sherman, Brad [D-CA-30]</fullName>
        <firstName>BRAD</firstName>
        <lastName>SHERMAN</lastName>
        <party>D</party>
        <state>CA</state>
        <district>30</district>
        <sponsorshipDate>2017-02-28</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000599</bioguideId>
        <fullName>Rep. Posey, Bill [R-FL-8]</fullName>
        <firstName>Bill</firstName>
        <lastName>Posey</lastName>
        <party>R</party>
        <state>FL</state>
        <district>8</district>
        <sponsorshipDate>2017-02-28</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>N000147</bioguideId>
        <fullName>Del. Norton, Eleanor Holmes [D-DC-At Large]</fullName>
        <firstName>ELEANOR</firstName>
        <lastName>NORTON</lastName>
        <party>D</party>
        <state>DC</state>
        <middleName>HOLMES</middleName>
        <district>0</district>
        <sponsorshipDate>2017-02-28</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000597</bioguideId>
        <fullName>Rep. Pingree, Chellie [D-ME-1]</fullName>
        <firstName>Chellie</firstName>
        <lastName>Pingree</lastName>
        <party>D</party>
        <state>ME</state>
        <district>1</district>
        <sponsorshipDate>2017-02-28</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>R000577</bioguideId>
        <fullName>Rep. Ryan, Tim [D-OH-13]</fullName>
        <firstName>TIM</firstName>
        <lastName>RYAN</lastName>
        <party>D</party>
        <state>OH</state>
        <district>13</district>
        <sponsorshipDate>2017-02-28</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>L000565</bioguideId>
        <fullName>Rep. Loebsack, David [D-IA-2]</fullName>
        <firstName>David</firstName>
        <lastName>Loebsack</lastName>
        <party>D</party>
        <state>IA</state>
        <district>2</district>
        <sponsorshipDate>2017-02-28</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001278</bioguideId>
        <fullName>Rep. Bonamici, Suzanne [D-OR-1]</fullName>
        <firstName>Suzanne</firstName>
        <lastName>Bonamici</lastName>
        <party>D</party>
        <state>OR</state>
        <district>1</district>
        <sponsorshipDate>2017-02-28</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000381</bioguideId>
        <fullName>Rep. Kilmer, Derek [D-WA-6]</fullName>
        <firstName>Derek</firstName>
        <lastName>Kilmer</lastName>
        <party>D</party>
        <state>WA</state>
        <district>6</district>
        <sponsorshipDate>2017-02-28</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>J000255</bioguideId>
        <fullName>Rep. Jones, Walter B., Jr. [R-NC-3]</fullName>
        <firstName>WALTER</firstName>
        <lastName>JONES</lastName>
        <party>R</party>
        <state>NC</state>
        <middleName>B.</middleName>
        <district>3</district>
        <sponsorshipDate>2017-02-28</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000592</bioguideId>
        <fullName>Rep. Poe, Ted [R-TX-2]</fullName>
        <firstName>Ted</firstName>
        <lastName>Poe</lastName>
        <party>R</party>
        <state>TX</state>
        <district>2</district>
        <sponsorshipDate>2017-03-10</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C000266</bioguideId>
        <fullName>Rep. Chabot, Steve [R-OH-1]</fullName>
        <firstName>STEVE</firstName>
        <lastName>CHABOT</lastName>
        <party>R</party>
        <state>OH</state>
        <district>1</district>
        <sponsorshipDate>2017-04-28</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>N000127</bioguideId>
        <fullName>Rep. Nolan, Richard M. [D-MN-8]</fullName>
        <firstName>RICHARD</firstName>
        <lastName>NOLAN</lastName>
        <party>D</party>
        <state>MN</state>
        <district>8</district>
        <sponsorshipDate>2017-04-28</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>T000472</bioguideId>
        <fullName>Rep. Takano, Mark [D-CA-41]</fullName>
        <firstName>Mark</firstName>
        <lastName>Takano</lastName>
        <party>D</party>
        <state>CA</state>
        <district>41</district>
        <sponsorshipDate>2017-06-07</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative law and regulatory procedures</name>
        </item>
        <item>
          <name>Bank accounts, deposits, capital</name>
        </item>
        <item>
          <name>Banking and financial institutions regulation</name>
        </item>
        <item>
          <name>National Credit Union Administration</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2017-02-28</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2018-02-08T20:06:53Z</updateDate>
        <text><![CDATA[ <p><b>Capital Access for Small Businesses and Jobs Act </b></p> <p>This bill amends the Federal Credit Union Act to allow a&nbsp;federal credit union, other than a low-income credit union,&nbsp;to receive payments on uninsured non-share accounts that:</p> <ul> <li>do not alter the cooperative nature of the credit union; </li> <li>are subordinate to all other claims against the credit union; </li> <li>are available to cover operating losses in excess of retained earnings and, to the extent so applied, will not be replenished; </li> <li>meet applicable requirements with respect to maturity; </li> <li>are subject to disclosure and consumer-protection requirements as determined by the&nbsp;National Credit Union Administration&nbsp;Board; </li> <li>are offered by a credit union that is sufficiently capitalized and well-managed; and </li> <li>are subject to such rules and regulations as the board may establish.<br /></li></ul>]]></text>
      </summary>
    </summaries>
    <title>Capital Access for Small Businesses and Jobs Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Capital Access for Small Businesses and Jobs Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To clarify the National Credit Union Administration authority to improve credit union safety and soundness.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Capital Access for Small Businesses and Jobs Act</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2017-02-28T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-115hr1244ih/xml/BILLS-115hr1244ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2017-02-28</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
    </latestAction>
  </bill>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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