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US HB1791
Bill
Status
Introduced
3/3/2025
Primary Sponsor
Vicente Gonzalez
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AI Summary
- Doubles the threshold for certain credit union member business loans from $50,000 to $100,000 under the Federal Credit Union Act
- Amends Section 107A(c)(1)(B)(iii) of the Federal Credit Union Act (12 U.S.C. 1757a)
- Introduced March 3, 2025 by Rep. Vicente Gonzalez (D-TX) and Rep. Brian Fitzpatrick (R-PA)
- Referred to the House Committee on Financial Services
Legislative Description
Increasing Credit Union Lending for Business Growth Act
Finance and financial sector
Last Action
Referred to the House Committee on Financial Services.
3/3/2025
Committee Referrals
Financial Services3/3/2025
Full Bill Text
No bill text available