H.R.4293: Restore Main Street's Credit Act of 2012

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about finance and financial sector
  • Introduced March 28, 2012
  • Latest Major Action April 26, 2012

Bill Summary

Restore Main Street's Credit Act of 2012 - Amends the Federal Credit Union Act to exclude from the definition of "member business loan" (and related loan limits) an extension of credit made to a Main Street business (an organization, other than a nonprofit organization, with 20 or fewer full-time employees that possesses, occupies, or leases property other than a home for its business's operations). Instructs the National Credit Union...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
March 28, 2012

Introduced in the House by Kurt Schrader (D-Ore.)

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