I
119th CONGRESS
2d Session
H. R. 9900
IN THE HOUSE OF REPRESENTATIVES
July 23, 2026
Mr. Davidson introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To amend the Federal Credit Union Act with respect to conversion modernization for privately insured credit unions.
Section 1. Short title
This Act may be cited as the Privately Insured Credit Unions Conversion Modernization Act
.
Sec. 2. Conversion modernization for privately 6 insured credit unions
Section 206(d)(2) of the Federal Credit Union Act (12 U.S.C. 1786(d)(2)) is amended—
(1)
in the first sentence, by striking in a vote in which at least 20 per centum of the total membership of the credit union participates
; and
(2)
in the second sentence, by striking not more than thirty nor less than seven days
and inserting not less than 90 days
.