# 119-s-3575: NCUA Central Liquidity Facility Enhancements Act

119-s-3575, NCUA Central Liquidity Facility Enhancements Act, is a 119th Congress bill sponsored by Sen. Padilla, Alex [D-CA] (D-CA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-3575
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3575
- Congress: 119
- Title: NCUA Central Liquidity Facility Enhancements Act
- Status: introduced
- Introduced: 2025-12-18
- Sponsor: Sen. Padilla, Alex [D-CA] (D-CA)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Allows the NCUA to name individual credit unions as Agent members of the Central Liquidity Facility.** This bill would change one phrase in Section 304(b)(2) of the Federal Credit Union Act by replacing "all those credit unions" with "any such credit unions," making Agent membership permissive rather than universal.

## Cosponsors (1)

- Sen. Cramer, Kevin [R-ND] (R-ND), 2025-12-18T00:00:00.000Z

## Provisions PRIA read

- More choice for credit unions as agents: benefit, low. This bill would change the Federal Credit Union Act wording in the NCUA Central Liquidity Facility agent membership rule. It would replace the phrase "all those credit unions" with "any such credit unions." If enacted, this would let regulators or the CLF allow some (instead of requiring all) of th…

## Related bills

- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-4744: Take Care of America’s Veterans Act
- 119-s-1462: Fix Our Forests Act
- 119-s-4949: Water Resources Development Act of 2026
- 119-s-5022: Cannabis Administration and Opportunity Act
- 119-s-2838: Protecting Our Democracy Act

## Sources
- [119-s-3575 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3575)

## Related
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-4744: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-s-4744)
- [119-s-1462: Fix Our Forests Act](https://policyrisk.com/legislation/119-s-1462)
- [119-s-4949: Water Resources Development Act of 2026](https://policyrisk.com/legislation/119-s-4949)
- [119-s-5022: Cannabis Administration and Opportunity Act](https://policyrisk.com/legislation/119-s-5022)
- [119-s-2838: Protecting Our Democracy Act](https://policyrisk.com/legislation/119-s-2838)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3575 (as of 2026-04-21).