Sec. 212. BUDGET TRANSPARENCY FOR THE NCUA
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## SEC. 212 BUDGET TRANSPARENCY FOR THE NCUA Section 209(b) of the Federal Credit Union Act (12 U.S.C. 1789(b)) is amended— ####
(1)by redesignating paragraphs
(1)and
(2)as paragraphs
(2)and (3), respectively; ####
(2)by inserting before paragraph (2), as so redesignated, the following: > > #### “(1) > > on an annual basis and prior to the submission of the detailed business-type budget required under paragraph (2)— > > > ##### “(A) > > make publicly available and publish in the Federal Register a draft of the detailed business-type budget; and > > > ##### “(B) > > hold a public hearing, with public notice provided of the hearing, during which the public may submit comments on the draft of the detailed business-type budget;” > ; and ####
(3)in paragraph (2), as so redesignated— #####
(A)by inserting “detailed” after “submit a”; and #####
(B)by inserting “, which shall address any comment submitted by the public under paragraph (1)(B)” after “Control Act”.
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Sec. 212
BUDGET TRANSPARENCY FOR THE NCUA
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