A bill to amend the Federal Credit Union Act to provide a sunset for certain ways in which credit unions may be Agent members of the National Credit Union Administration Central Liquidity Facility.

This bill changes how credit unions can serve as "agents" for the National Credit Union Administration's Central Liquidity Facility (CLF), which provides emergency funding. It replaces a current rule where the NCUA Board could decide which credit unions qualify as agents with a new rule making all credit unions automatically eligible. However, this change includes a 3-year "sunset," meaning it will expire 3 years after the bill becomes law unless renewed. The policy directly affects credit unions that access the CLF for liquidity support, altering their eligibility without ongoing NCUA discretion.