H.R. 4167

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4167 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 4167

To provide the National Credit Union Administration Board flexibility 
to increase Federal credit union loan maturities, and for other 
purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

June 26, 2025

Mr. Fitzgerald (for himself, Mr. Sherman, Mr. Meuser, Mrs. Kim, Mr. 
Vargas, Mr. Timmons, and Mr. Fitzpatrick) introduced the following 
bill; which was referred to the Committee on Financial Services

_______________________________________________________________________

A BILL

To provide the National Credit Union Administration Board flexibility 
to increase Federal credit union loan maturities, 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 ``Expanding Access to Lending Options 
Act''.

SEC. 2. SENSE OF CONGRESS.

It is the sense of Congress that as the prudential regulator of the 
federally chartered credit unions of the United States, it is of 
paramount importance that the NCUA place safety and soundness as a 
cornerstone of its oversight of these credit unions.

SEC. 3. POWERS OF FEDERAL CREDIT UNIONS.

Section 107(5) of the Federal Credit Union Act (12 U.S.C. 1757(5)) 
is amended--
(1) in the matter preceding subparagraph (A), by striking 
``15 years'' and inserting ``20 years (or longer, as the Board 
may allow by regulation)''; and
(2) in subparagraph (A)(i), by striking ``or will be the 
principal residence of a credit union member, and which is''.
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