House Bill 3866
115th Congress(2017-2018)
To amend the Federal Credit Union Act to exclude extensions of credit made to veterans from the definition of a member business loan.
Introduced
Introduced in House on Sep 28, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3866
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
This bill amends the Federal Credit Union Act to exclude loans made to veterans from the definition of a "member business loan," thus excluding them from the limit on the total amount of member business loans a credit union may have outstanding.
September 28, 2017
09/28/2017
Referred to the House Committee on Financial Services.
09/28/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:38:39 PM