HouseH.R. 9900119th Congress
Privately Insured Credit Unions Conversion Modernization Act
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[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9900 Introduced in House (IH)]
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119th CONGRESS
2d Session
H. R. 9900
To amend the Federal Credit Union Act with respect to conversion
modernization for privately insured credit unions.
_______________________________________________________________________
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.
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 ``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''.
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