HOUSE 389115th CongressReferred to the House Committee on Financial Services.
Credit Union Residential Loan Parity Act
- Last Action
- 1/10/2017
Actions
- 2017-01-10Referred to the House Committee on Financial Services.
- 2017-01-10Introduced in House
- 2017-01-10Introduced in House
CRS Summary
As of 2017-01-10 (00)
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.
Cosponsors (20)
- Jared Huffman (D-CA)
- PETER DEFAZIO (D-OR)
- DON YOUNG (R-AK)
- David Cicilline (D-RI)
- BRAD SHERMAN (D-CA)
- Donald Beyer (D-VA)
- Denny Heck (D-WA)
- Jaime Herrera Beutler (R-WA)
- Katherine Clark (D-MA)
- JAMES LANGEVIN (D-RI)
- Doug LaMalfa (R-CA)
- WALTER JONES (R-NC)
- John Garamendi (D-CA)
- F. SENSENBRENNER (R-WI)
- Mark Pocan (D-WI)
- Paul Cook (R-CA)
- Tom McClintock (R-CA)
- DARRELL ISSA (R-CA)
- David Valadao (R-CA)
- Dan Newhouse (R-WA)
Subjects
- Credit and credit markets
- Housing finance and home ownership
- Real estate business
Sourced from Congress.gov (public domain).
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