The House could vote as early as tomorrow on a bill that includes a temporary stabilization fund for corporate credit unions.
The fund, to be financed by a line of credit from the Treasury Department, would pay back the Treasury Department over seven years and natural person credit unions would pay the additional premium to the NCUSIF over that time period.
The bill passed the Senate earlier this month and the House Rules Committee is scheduled to meet this evening to establish the terms of debate on the bill.
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