[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[S. 924 Introduced in Senate (IS)]

114th CONGRESS
  1st Session
                                 S. 924

  To require the National Credit Union Administration to hold public 
 hearings and receive comments from the public on its budget, and for 
                            other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             April 14, 2015

Mr. Heller (for himself and Mr. Warner) introduced the following bill; 
which was read twice and referred to the Committee on Banking, Housing, 
                           and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
  To require the National Credit Union Administration to hold public 
 hearings and receive comments from the public on its budget, and for 
                            other purposes.

    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 ``National Credit Union Administration 
Budget Transparency Act''.

SEC. 2. BUDGET TRANSPARENCY FOR THE NCUA.

    Section 209(b) of the Federal Credit Union Act (12 U.S.C. 1789) is 
amended--
            (1) by redesignating paragraphs (1) and (2) as paragraphs 
        (2) and (3), respectively;
            (2) by inserting before paragraph (2), as so redesignated, 
        the following:
            ``(1) on an annual basis and prior to the submission of the 
        detailed business-type budget required under paragraph (2)--
                    ``(A) make publicly available and cause to be 
                printed in the Federal Register a draft of such 
                detailed business-type budget; and
                    ``(B) hold a public hearing, with public notice 
                provided of such hearing, wherein the public can submit 
                comments on the draft of such detailed business-type 
                budget;''; and
            (3) in paragraph (2), as so redesignated--
                    (A) by inserting ``detailed'' after ``submit a''; 
                and
                    (B) by inserting ``, and where such budget shall 
                address any comments submitted by the public pursuant 
                to paragraph (1)(B)'' after ``Control Act''.
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