# 114-hr-5869: To amend the Federal Credit Union Act to require the National Credit Union Administration Board to provide a rationale for any amounts the Board proposes to use from the National Credit Union Share Insurance Fund, and for other purposes.

114-hr-5869, To amend the Federal Credit Union Act to require the National Credit Union Administration Board to provide a rationale for any amounts the Board proposes to use from the National Credit Union Share Insurance Fund, and for other purposes., is a 114th Congress bill sponsored by Rep. Mulvaney, Mick [R-SC-5] (R-SC); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5869
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5869
- Congress: 114
- Title: To amend the Federal Credit Union Act to require the National Credit Union Administration Board to provide a rationale for any amounts the Board proposes to use from the National Credit Union Share Insurance Fund, and for other purposes.
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2016-07-14
- Sponsor: Rep. Mulvaney, Mick [R-SC-5] (R-SC)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill amends the Federal Credit Union Act to require the National Credit Union Administration (NCUA) Board to submit annually with its detailed business-type budget a report that contains: (1) an analysis of the NCUA's operating expenses and the extent to which those expenses are funded by assessment fees collected from federal credit unions or amounts transferred from the National Credit Union Share Insurance Fund (NCUSIF), and (2) a supporting rationale for proposals to use amounts in the NCUSIF for operating expenses.

## Cosponsors (1)

- Rep. Heck, Denny [D-WA-10] (D-WA), 2016-07-14T00:00:00.000Z

## Related bills

- 114-hr-4938: Free File Act of 2016
- 114-hr-4352: Faster Care for Veterans Act of 2016
- 114-hr-4116: To amend the Federal Deposit Insurance Act to ensure that the reciprocal deposits of an insured depository institution are not considered to be funds obtained…
- 114-hr-3808: To require the withdrawal and study of the Federal Housing Finance Agency's proposed rule on Federal Home Loan Bank membership, and for other purposes.
- 114-hr-2987: Community Bank Capital Clarification Act
- 114-hr-2901: Flood Insurance Market Parity and Modernization Act

## Sources
- [114-hr-5869 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5869)

## Related
- [114-hr-4938: Free File Act of 2016](https://policyrisk.com/legislation/114-hr-4938)
- [114-hr-4352: Faster Care for Veterans Act of 2016](https://policyrisk.com/legislation/114-hr-4352)
- [114-hr-4116: To amend the Federal Deposit Insurance Act to ensure that the reciprocal deposi…](https://policyrisk.com/legislation/114-hr-4116)
- [114-hr-3808: To require the withdrawal and study of the Federal Housing Finance Agency's pro…](https://policyrisk.com/legislation/114-hr-3808)
- [114-hr-2987: Community Bank Capital Clarification Act](https://policyrisk.com/legislation/114-hr-2987)
- [114-hr-2901: Flood Insurance Market Parity and Modernization Act](https://policyrisk.com/legislation/114-hr-2901)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5869 (as of 2025-11-18).