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NCUA RIN: 3133-AF16 Publication ID: Spring 2022 
Title: Capital Adequacy: Risk-Based Net Worth Requirement (Paycheck Protection Program) 

The NCUA Board (Board) issued an interim final rule to make a conforming amendment to its capital adequacy regulation following the enactment of the Coronavirus Aid, Relief, and Economic Security Act. The interim final rule amended the NCUA’s capital adequacy regulation to provide that loans issued under the Small Business Administration’s Paycheck Protection Program should receive a zero percent risk weight and also made changes to the NCUA's member business and commercial lending regulation.  The Board solicited public comment and is reviewing the comments received on the interim final rule.

Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 702    12 CFR 723   
Legal Authority: 12 U.S.C. 1790d   
Legal Deadline:  None
Action Date FR Cite
Interim Final Rule  04/27/2020  85 FR 23212   
Interim Final Rule Comment Period End  05/27/2020 
Final Action  10/00/2022 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL:  
RIN Data Printed in the FR: No 
Agency Contact:
Rachel J. Ackmann
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 548-2601
Fax:703 518-6569