H.R. 1791
IntroducedIncreasing Credit Union Lending for Business Growth Act
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Full text of the bill
Official source on Congress.gov ↗[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 1791 Introduced in House (IH)]
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119th CONGRESS 1st Session H. R. 1791
To amend the Federal Credit Union Act to provide more loan flexibility to credit unions, to amend the Federal Home Loan Bank Act to expand homeownership access, and for other purposes.
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IN THE HOUSE OF REPRESENTATIVES
March 3, 2025
Mr. Vicente Gonzalez of Texas (for himself and Mr. Fitzpatrick) introduced the following bill; which was referred to the Committee on Financial Services
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A BILL
To amend the Federal Credit Union Act to provide more loan flexibility to credit unions, to amend the Federal Home Loan Bank Act to expand homeownership access, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Increasing Credit Union Lending for Business Growth Act''.
SEC. 2. EXPANDING CREDIT TO SMALL BUSINESSES.
Section 107A(c)(1)(B)(iii) of the Federal Credit Union Act (12 U.S.C. 1757a(c)(1)(B)(iii)) is amended by striking ``$50,000'' and inserting ``$100,000''. <all>