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Veterans Member Business Loan Act

12/29/2022, 10:33 PM

Congressional Summary of S 3813

Veterans Member Business Loan Act

This bill excludes from credit union aggregate loan limitations member business loans made to veterans.

Current Status of Bill S 3813

Bill S 3813 is currently in the status of Bill Introduced since March 10, 2022. Bill S 3813 was introduced during Congress 117 and was introduced to the Senate on March 10, 2022.  Bill S 3813's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 10, 2022

Bipartisan Support of Bill S 3813

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3813

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 3813

Veterans Member Business Loan Act
Veterans Member Business Loan Act
A bill to amend the Federal Credit Union Act to exclude extensions of credit made to veterans from the definition of a member business loan.

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