In Brief: Credit Union Bill Moves Back to House

House Republican leaders plan a vote on the Senate version of the credit union bill next week, a House Banking Committee spokesman said late Thursday.

The tally could occur as early as Monday on the bill, which would ease limits on credit union membership rules, he said.

The Senate version, which was approved July 28, differs from the House bill passed in April.

The Senate added extensive capital requirements and limits on commercial loans, and stripped community reinvestment requirements approved by the House.

The decision to bypass a conference committee and consider the bill so soon indicates the House plans to adopt the Senate version without any changes to rush it to the White House for President Clinton's signature.

-Dean Anason

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