S 3575 United States Senate · 119th Congress

NCUA Central Liquidity Facility Enhancements Act

This bill amends the Federal Credit Union Act to allow any eligible credit union to join the NCUA Central Liquidity Facility (CLF), which provides emergency cash access to credit unions. It removes a previous restriction that limited CLF membership to "all those credit unions," replacing it with "any such credit unions" to broaden access. The change directly affects credit unions seeking liquidity support, particularly smaller or newer institutions that may have faced barriers under the old rule. The key mechanism updates the legal language to make CLF membership more inclusive without altering the facility's core purpose. This is a procedural adjustment focused on expanding program accessibility for credit unions.
Bill status in committee 1 of 4 stages cleared
Introduction
Dec 2025
Committee Review
Floor Vote
President
Introduced Dec 18, 2025 Last action Dec 18, 2025
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Total actions
2
Key actions
0
Committee
1
Dec 18, 2025
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Dec 18, 2025
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor

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