Section 1 Short Title
This Act may be cited as the “Common Sense Credit Union Capital Relief Act of 2018”.
Common Sense Credit Union Capital Relief Act of 2018
A BILL
To delay the effective date of the rule issued by the National Credit Union Administration titled Risk-Based Capital.
Sec. 2 Delay in effective date
Notwithstanding any effective date set forth in the rule issued by the National Credit Union Administration titled “Risk-Based Capital” (published at 80 Fed. Reg. 66626 (October 29, 2015)), such final rule shall take effect on January 1, 2021.