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US HB1791

Bill

Status

Introduced

3/3/2025

Primary Sponsor

Vicente Gonzalez

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Origin

House of Representatives

119th Congress

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