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[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4167 Introduced in House (IH)]
<DOC>
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''.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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