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house Bill H.R. 3468

Increasing Equality between Credit Unions and Banks through Greater Protections for IOLTAs

Argument in favor

Greater insurance for funds commonly used to increase access to legal justice for the poor. Advances parity between credit unions and banks.

Argument opposed

Federal credit unions already have their own insurance fund. Credit unions are intrinsically different than banks.

bill Progress

  • EnactedDecember 18th, 2014
    The President signed this bill into law
  • The senate Passed December 11th, 2014
    Passed by Voice Vote
      senate Committees
      Committee on Banking, Housing, and Urban Affairs
  • The house Passed May 6th, 2014
    Passed by Voice Vote
      house Committees
      Committee on Financial Services
    IntroducedNovember 13th, 2013

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