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This bill allows the National Credit Union Administration to lengthen the maturity term of certain loans made by a credit union.

Credit Union Modernization Act of 2019 This bill revises the duties of boards of directors of federal credit unions, including by removing requirements for (1) the disclosure to the National Credit Union Administration of certain loan officer information, and (2) the direct management of credit union membership by a board of directors.

Access to Credit for Small Businesses Impacted by the COVID-19 Crisis Act of 2020 This bill eases certain restrictions on credit unions regarding liquidity and lending. The bill extends waivers applicable to National Credit Union Administration Central Liquidity Facility membership and credit-extension restrictions through December 31, 2021. These waivers currently expire on December 31, 2020. (The National Credit Union Administration Central Liquidity Facility serves as a lender to credit unions that are experiencing certain liquidity shortfalls.) The bill also temporarily provides credit unions with an exception to limits on outstanding member business loans. Specifically, a loan does not count towards this limit if (1) it is used for recovery from the COVID-19 (i.e., coronavirus disease 2019) emergency, (2) it is made by an insured credit union that has received a specified soundness rating, (3) it is made during a specified time period, and (4) it does not threaten the safety and soundness of the insured credit union.

Access to Credit for Small Businesses Impacted by the COVID-19 Crisis Act of 2020 This bill eases certain restrictions on credit unions regarding liquidity and lending. The bill extends waivers applicable to National Credit Union Administration Central Liquidity Facility membership and credit-extension restrictions through December 31, 2021. These waivers currently expire on December 31, 2020. (The National Credit Union Administration Central Liquidity Facility serves as a lender to credit unions that are experiencing certain liquidity shortfalls.) The bill also temporarily provides credit unions with an exception to limits on outstanding member business loans. Specifically, a loan does not count towards this limit if (1) it is used for recovery from the COVID-19 (i.e., coronavirus disease 2019) emergency, (2) it is made by an insured credit union that has received a specified soundness rating, (3) it is made during a specified time period, and (4) it does not threaten the safety and soundness of the insured credit union.

Credit Union Governance Modernization Act of 2020 This bill revises the procedure for expelling members from a federal credit union. Specifically, a member may be expelled for cause pursuant to a policy adopted by a majority vote of a quorum of the directors of a credit union. Currently, a member may be expelled by a two-thirds vote of the credit union membership present at a special meeting. The expelled member may request reinstatement by the credit union board. Member conduct that may be cause for expulsion includes * a loss to the credit union, * a violation of the credit union membership agreement, * a disruption to the operations of a credit union, * fraud or attempted fraud, and * other illegal or inappropriate behavior.

Credit Union Governance Modernization Act of 2020 This bill revises the procedure for expelling members from a federal credit union. Specifically, a member may be expelled for cause pursuant to a policy adopted by a majority vote of a quorum of the directors of a credit union. Currently, a member may be expelled by a two-thirds vote of the credit union membership present at a special meeting. The expelled member may request reinstatement by the credit union board. Member conduct that may be cause for expulsion includes * a loss to the credit union, * a violation of the credit union membership agreement, * a disruption to the operations of a credit union, * fraud or attempted fraud, and * other illegal or inappropriate behavior.

Expanding Access to Lending Options Act This bill allows the National Credit Union Administration Board to increase the federal credit union loan maturity cap from 15 to 20 years.

Credit Union Board Modernization Act This bill reduces the frequency of meetings required to be held by a credit union's board of directors. Specifically, the bill requires at least six meetings annually, with at least one meeting held during each fiscal quarter. Currently, boards must meet at least once a month.

Prudential Regulator Oversight Act This bill requires the Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration to report semiannually and testify annually on their supervisory and regulatory responsibilities and activities.

Cybersecurity and Financial System Resilience Act of 2019 This bill requires the Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration to each annually report on efforts to strengthen cybersecurity measures with respect to its regulatory functions.

Access to Credit for Small Businesses Impacted by the COVID-19 Crisis Act of 2020 This bill temporarily provides credit unions with an exception to limits on outstanding member business loans. Specifically, for a three-year period, loans used for recovery from the COVID-19 (i.e., coronavirus disease 2019) emergency do not count towards this limit.

Open Banking Study Act of 2019 This bill directs the Federal Reserve Board, the Consumer Financial Protection Bureau, the Government Accountability Office, the Federal Deposit Insurance Corporation, and the National Credit Union Administration to report jointly on their respective regulated entities' processes for third-party access to consumer-authorized financial data.

This bill authorizes the Department of State to facilitate the U.S. readmission and participation in the Inter-Parliamentary Union and to pay related annual membership expenses. (The Inter-Parliamentary Union is an international organization of national parliaments dedicated to the promotion of parliamentary democracy.)

Addressing Climate Financial Risk Act of 2020 This bill establishes the Climate Risk Advisory Committee that must consult with the Financial Stability Oversight Council of the Department of the Treasury regarding a report on the impact of climate risk on U.S. financial stability. Additionally, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration must include climate risk in the guidance provided to a supervised financial institution.

Coronavirus Guidance for Financial Institutions Act This bill directs the Federal Reserve Board, the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration to report on the effectiveness of the joint release issued by federal and state financial regulators on March 9, 2020, encouraging financial institutions to meet the needs of customers affected by the coronavirus (i.e., the virus that causes COVID-19).

Shutdown Guidance for Financial Institutions Act This bill directs financial regulators—including the Federal Reserve Board, the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration—to issue guidance relating to a government shutdown. Among other things, financial regulators must issue guidance encouraging financial institutions * to modify loan terms and to extend credit to consumers and businesses affected by a shutdown, and * to take steps to prevent the reporting of adverse credit information related to a shutdown. Financial regulators must also notify the public of this guidance in the event of a government shutdown, and complete a report after a government shutdown regarding the guidance's effectiveness.

Shutdown Guidance for Financial Institutions Act This bill directs financial regulators—including the Federal Reserve Board, the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration—to issue guidance relating to a government shutdown. Among other things, financial regulators must issue guidance encouraging financial institutions * to modify loan terms and to extend credit to consumers and businesses affected by a shutdown, and * to take steps to prevent the reporting of adverse credit information related to a shutdown. Financial regulators must also notify the public of this guidance in the event of a government shutdown, and complete a report after a government shutdown regarding the guidance's effectiveness.

Union Member Protection Act This bill requires labor unions to obtain approval of a majority of union members for specified political expenditures. Further, it requires unions to report proposed political expenditures and to disclose the vote of each union officer with respect to such expenditures during the preceding fiscal year. Additionally, labor union bylaws must require principal officers to vote on individual political expenditures in excess of $50,000 and such individual votes must be made publicly available on the union's website.

Abraham Lincoln National Heritage Area Amendment Act This bill adds Livingston County, the city of Jonesboro in Union County, and the city of Freeport in Stephenson County, all in Illinois, to the Abraham Lincoln National Heritage Area.

Abraham Lincoln National Heritage Area Amendment Act This bill adds Livingston County, the city of Jonesboro in Union County, and the city of Freeport in Stephenson County, all in Illinois, to the Abraham Lincoln National Heritage Area.