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NAFCU-sought bills to set uniform national standards for protecting consumer data and to require NCUA to publish and hold hearings on its draft budgets were approved and reported to the full House on Wednesday by the House Financial Services Committee.

H.R. 2205, the "Data Security Act of 2015," and H.R. 2287, the "National Credit Union Administration Budget Transparency Act," were marked up by the committee on Tuesday night and approved in committee votes the next morning. The bills now await House action, and NAFCU is urging passage.

H.R. 2205 was approved in a vote of 46-9; H.R. 2287 was approved in a vote of 40-16. Both bills received bipartisan report from committee members.

Hensarling, R-Texas, during Tuesday's deliberations supported reporting both measures favorably to the House. Several others aired support of H.R. 2205 but also cited interest in making further refinements as that bill progresses through the legislative process.

During mark-up, Rep. Ed Royce, R-Calif., used part of his speaking time on H.R. 2287 to lodge support for greater credit union member business lending authority. He pointed specifically to H.R. 1422, which he and Rep. Jared Huffman, D-Calif., have introduced to exempt loans for non-owner-occupied, one- to four-unit dwellings from credit unions' statutory MBL cap.