Credit Union Residential Loan Parity Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Apr 5, 2017)
Credit Union Residential Loan Parity Act
This bill amends the Federal Credit Union Act to allow a credit union to extend a member business loan with respect to a one- to four-family dwelling, regardless of whether the dwelling is the member's primary residence. Under current law, a member business loan may be extended with respect to such a dwelling only if it is the member's primary residence.
What just happenedApr 5, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S2366; text as introduced in Senate: CR S2366)
Who’s behind it
- Introduced in SenateApr 5, 2017
- Apr 5, 2017IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S2366; text as introduced in Senate: CR S2366)
Banking, Housing, and Urban Affairs Committee - Apr 5, 2017IntroReferral10000
Introduced in Senate