[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1862 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 1862

To amend the Federal Home Loan Bank Act to allow non-Federally insured 
      credit unions to become members of a Federal Home Loan Bank.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 7, 2013

   Mr. Stivers (for himself, Mr. Carson of Indiana, and Mrs. Beatty) 
 introduced the following bill; which was referred to the Committee on 
                           Financial Services

_______________________________________________________________________

                                 A BILL


 
To amend the Federal Home Loan Bank Act to allow non-Federally insured 
      credit unions to become members of a Federal Home Loan Bank.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Capital Access for Small Community 
Financial Institutions Act of 2013''.

SEC. 2. INCLUSION OF NON-FEDERALLY INSURED CREDIT UNIONS.

    Section 4 of the Federal Home Loan Bank Act (12 U.S.C. 1424(a)) is 
amended--
            (1) in subsection (a)--
                    (A) in paragraph (1), by inserting after 
                ``community development financial institution,'' the 
                following: ``a State credit union (as such term is 
                defined under section 101 of the Federal Credit Union 
                Act (12 U.S.C. 1752)),'';
                    (B) in paragraph (2)--
                            (i) in the matter before subparagraph (A), 
                        by inserting after ``insured depository 
                        institution'' the following: ``or State credit 
                        union'';
                            (ii) in subparagraph (A), by inserting 
                        after ``(other than a community financial 
                        institution)'' the following: ``or State credit 
                        union''; and
                            (iii) in subparagraph (B)--
                                    (I) by inserting after ``insured 
                                depository institution's'' the 
                                following: ``or State credit union's''; 
                                and
                                    (II) by inserting before the 
                                semicolon the following: ``or State 
                                credit union''; and
                    (C) in paragraph (3), by inserting after ``insured 
                depository institution'' the following: ``or State 
                credit union''; and
            (2) in subsection (b)--
                    (A) by inserting after ``institution'' the 
                following: ``or State credit union''; and
                    (B) by inserting after ``institution's'' the 
                following: ``or State credit union's''.
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