HR 5519 Action Alert

Congressional Legislative Action Alert

April 29, 2008

CURRA (H.R. 5519) pulled from Tuesday's House voting schedule

Last (Monday) night, CUNA informed us that HR 5519 (CURRA), the regulatory relief legislation for credit unions, will not be considered and has been pulled from the suspension calendar for today's vote. As you are aware, the suspension calendar is reserved for "non-controversial" bills and the House Leadership removed the bill from the calendar due to its controversial nature. CUNA is currently attempting to get the bill back on track for consideration on the regular calendar of business and we will keep you abreast of these developments.

Please refer to the link below for CUNA's NEWS NOW article that contains additional information. http://www.cuna.org/newsnow/08/wash042808-1.html?ref=hed

Thanks for your immediate and overwhelming responses to our Legislative Action Alert.

For further information, contact Don Edwards (don.edwards@ilcusys.org) or Pat Huffman (pat.huffman@ilcusys.org) or at 800-942-7124.