NDAA Conference Committee results

DCUC is a happy to report that under “Items that may be considered under unanimous consent agreement”…

Here is an excerpt from the Joint Explanatory Statement within the Conference Report which will accompany H.R. 6395; The William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 (H. Rept. 116-617)

“Equal treatment of insured depository institutions and credit unions operating on military installations”

“The Senate amendment contained a provision (sec. 2885) that would amend section 2667 of title 10, United States Code, to require the Department of Defense to ensure that policies governing depository institutions and credit unions operating on military installations are equally applied to all relevant institutions. Additionally, the provision would prohibit any requirement for Secretaries of the military departments to provide no-cost office space or no-cost land lease to any insured depository institution or insured credit union.”

“The House bill contained no similar provision.”

 

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