Bill117th CongressFiled Mar 16, 2021Finance and Financial Sector
S. 762
Expanding Access to Lending Options Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Mar 16, 2021)
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. It also removes as a requirement for a mortgage from a credit union that a property must be a credit union member's principal residence.
What just happenedMar 16, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Scott, Tim [R-SC](R-SC)Sponsor
3 cosponsors3 D
3cosponsors1committees2actions3subjects
- Introduced in SenateMar 16, 2021
- Mar 16, 2021IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Mar 16, 2021IntroReferral10000
Introduced in Senate