The House is expected to vote on several pieces of legislation Tuesday that would provide regulatory relief to credit unions.
According to the House weekly legislative schedule, the Credit Union Share Fund Insurance Parity Act (H.R. 3468), introduced by Reps. Ed Royce (R-Calif.) and Ed Perlmutter (D-Colo.), is among the bills scheduled for a vote on Tuesday.
The bill, supported by CUNA and NAFCU, would provide the NCUSIF coverage for trust accounts, including Interest on Lawyer Trust Accounts.
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