This bill amends the Federal Credit Union Act to exclude loans made to veterans from the definition of a "member business loan," thus excluding them from the limit on the total amount of member business loans a credit union may have outstanding.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Banking and financial institutions regulationBusiness investment and capitalCredit and credit marketsVeterans' loans, housing, homeless programs
To amend the Federal Credit Union Act to exclude extensions of credit made to veterans from the definition of a member business loan.
USA115th CongressHR-3866| House
| Updated: 9/28/2017
This bill amends the Federal Credit Union Act to exclude loans made to veterans from the definition of a "member business loan," thus excluding them from the limit on the total amount of member business loans a credit union may have outstanding.