Increasing Credit Union Lending for Business Growth Act

[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.


_______________________________________________________________________


                    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''.
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