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The House Tuesday evening passed the fiscal year 2021 National Defense Authorization Act (NDAA) on a 335-78 vote. The bill, which includes NAFCU-backed provisions after a conference committee hashed out differences between the House and Senate versions, now heads to the Senate.

The final bill includes language to make Bank Secrecy Act (BSA)/anti-money laundering (AML) reforms and does not include changes to on-base leases sought by the banking industry. Prior to the vote, NAFCU Vice President of Legislative Affairs Brad Thaler sent a letter to the House urging its swift passage.

Stay tuned to NAFCU Today for updates as the Senate considers the NDAA this week.