Government Funding, NDAA Votes Expected

The House today is expected to pass a bipartisan spending package to avert a government shutdown and provide funding through the rest of fiscal year 2020. Additionally, the Senate is set to vote on the National Defense Authorization Act (NDAA) for Fiscal Year 2020 conference report this week which was passed by the House last week.

Last month Congress passed a continuing resolution funding the government through midnight Friday, December 20. Authorization for the National Flood Insurance Program (NFIP) is also tied to the deadline. The deal reached by Congress provides funding through September 30, 2020 and includes an NFIP extension.

Last week the House passed (377-48) the National Defense Authorization Act (NDAA) for Fiscal Year 2020 (S.1790) which was reported out of conference committee earlier in the week.

The credit union movement achieved a notable win when the final version of the bill was released without the credit union-opposed provision contained in the Senate-passed version that would have allowed certain banks to obtain cost waivers to operate on military installations.

The Senate could vote on the NDAA as early as today. President Trump has indicated he will sign the legislation once it passes both chambers.

CUNA and the state leagues successfully fought against inclusion of a similar provision in last year’s NDAA.