Remove federal barriers for state-chartered credit unions to convert to private deposit insurance or merge with privately insured credit unions by eliminating the 20 percent turnout requirement, deciding by a majority of voting members, and extending the voting period to at least 90 days.

Warren Davidson · Ohio · Republican

policy impact 0.52 specificity 0.88 extraction confidence 90%

Commitment kind: unknown. Promised action: not established. Promised outcome: not established. Deadline: unknown; not assumed expired.

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Occurrences

The Privately Insured Credit Unions Conversion Modernization Act would eliminate the 20 percent turnout requirement, allow the decision to be made by a majority of members who vote, and extend the voting period to at least 90 days.

Davidson introduced legislation to make it easier for state-chartered credit unions to convert to private insurance or merge with privately insured credit unions.

Davidson Introduces Bill to Expand Insurance Options for Credit Unions | Press Releases | Congressman Warren Davidson
primary · press_release · model gpt-5.5

Evidence

legacy_unverified · Source version not recorded · locator unknown

H.R. 9900 was introduced by Mr. Davidson on July 23, 2026 and referred to the House Committee on Financial Services. The bill would amend 12 U.S.C. 1786(d)(2) by striking the 20 percent total-membership turnout language and replacing the 7-to-30-day voting notice period with not less than 90 days.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Davidson took concrete legislative action matching the commitment, but the official bill text shows only introduction and committee referral, not enactment.

partial same_term A for effort

H.R. 9900 (119th Congress) - Privately Insured Credit Unions Conversion Modernization Act
secondary · model gpt-5.5 · confidence 96%

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legacy_unverified · Source version not recorded · locator unknown

Current 12 U.S.C. 1786(d)(2) still requires approval by a majority of voting members in a vote in which at least 20 percent of total membership participates, and still sets notice not more than thirty nor less than seven days before the vote.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The federal barriers targeted by the promise remained in current law shortly before Davidson's bill introduction; no official evidence found in the lookback window showing enactment or removal by August 19, 2026.

unresolved unknown A for effort

12 U.S.C. 1786 - Termination of insured credit union status; current U.S. Code text
secondary · model gpt-5.5 · confidence 89%

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Assessments

Public state: unverified As of unknown · legacy_unverified · . Original AI recommendation (not independently established): never. unknown A for effort

Davidson introduced H.R. 9900 in the 119th Congress to eliminate the 20 percent turnout requirement and extend the voting period to at least 90 days, which materially matches the promised reform and counts as a serious same-term legislative attempt. However, the evidence shows the bill was only introduced and referred to committee, and current 12 U.S.C. 1786(d)(2) still retained the targeted federal barriers. Because the promised statutory change was not enacted, the outcome was not delivered, but the effort badge is warranted.

provider codex_cli · model gpt-5.5 · confidence 94%