I
119th CONGRESS
1st Session
H. R. 1791
IN THE HOUSE OF REPRESENTATIVES
March 3, 2025
Mr. Vicente Gonzalez of Texas (for himself and Mr. Fitzpatrick) introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To amend the Federal Credit Union Act to provide more loan flexibility to credit unions, to amend the Federal Home Loan Bank Act to expand homeownership access, and for other purposes.
Section 1. Short title
This Act may be cited as the Increasing Credit Union Lending for Business Growth Act
.
Sec. 2. Expanding credit to small businesses
Section 107A(c)(1)(B)(iii) of the Federal Credit Union Act (12 U.S.C. 1757a(c)(1)(B)(iii)) is amended by striking $50,000
and inserting $100,000
.