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Veterans Member Business Loan Act

3/6/2024, 4:37 PM

Congressional Summary of S 539

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 539

Bill S 539 is currently in the status of Bill Introduced since February 28, 2023. Bill S 539 was introduced during Congress 118 and was introduced to the Senate on February 28, 2023.  Bill S 539's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of February 28, 2023

Bipartisan Support of Bill S 539

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
2
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 539

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- International Affairs

Alternate Title(s) of Bill S 539

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.
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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