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Expanding Access to Lending Options Act
2/8/2022, 11:15 PM
Congressional Summary of S 3389
Expanding Access to Lending Options Act
This bill allows the National Credit Union Administration Board to increase the federal credit union loan maturity cap from 15 to 20 years.
Read the Full Bill
Current Status of Bill S 3389
Bill S 3389 is currently in the status of Bill Introduced since March 4, 2020. Bill S 3389 was introduced during Congress 116 and was introduced to the Senate on March 4, 2020. Bill S 3389's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 4, 2020
Bipartisan Support of Bill S 3389
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3389
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Banking and financial institutions regulation
- Credit and credit markets
- Housing finance and home ownership
Alternate Title(s) of Bill S 3389
Expanding Access to Lending Options Act
Expanding Access to Lending Options Act
A bill to provide the National Credit Union Administration Board flexibility to increase Federal credit union loan maturities, and for other purposes.
Comments
Sponsors and Cosponsors of S 3389
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