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    <number>5981</number>
    <updateDate>2022-02-08T23:17:40Z</updateDate>
    <updateDateIncludingText>2022-02-08T23:17:40Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2020-02-26</introducedDate>
    <congress>116</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 166, Number 38 (Wednesday, February 26, 2020)][House]From the Congressional Record Online through the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]By Ms. PORTER:H.R. 5981.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H1225]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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            <name>Referred to</name>
            <date>2020-02-26T15:00:44Z</date>
          </item>
        </activities>
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    <actions>
      <item>
        <actionDate>2020-02-26</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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        </committees>
      </item>
      <item>
        <actionDate>2020-02-26</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>Intro-H</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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      <item>
        <actionDate>2020-02-26</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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    <sponsors>
      <item>
        <bioguideId>P000618</bioguideId>
        <fullName>Rep. Porter, Katie [D-CA-45]</fullName>
        <firstName>Katie</firstName>
        <lastName>Porter</lastName>
        <party>D</party>
        <state>CA</state>
        <district>45</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>A000369</bioguideId>
        <fullName>Rep. Amodei, Mark E. [R-NV-2]</fullName>
        <firstName>Mark</firstName>
        <lastName>Amodei</lastName>
        <party>R</party>
        <state>NV</state>
        <middleName>E.</middleName>
        <district>2</district>
        <sponsorshipDate>2020-02-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative remedies</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>2020-02-26</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2020-05-07T18:36:21Z</updateDate>
        <text><![CDATA[ <p><b>Credit Union Board Modernization Act </b></p> <p>This bill reduces the frequency of meetings required to be held by a credit union's board of directors. Specifically, the bill requires at least six meetings annually, with at least one meeting held during each fiscal quarter. Currently, boards must meet at least once a month. </p>]]></text>
      </summary>
    </summaries>
    <title>Credit Union Board Modernization Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Credit Union Board Modernization Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Federal Credit Union Act to modify the frequency of board of directors meetings, and for other purposes.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <title>Credit Union Board Modernization Act</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2020-02-26T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-116hr5981ih/xml/BILLS-116hr5981ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2020-02-26</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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