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- H.R.4226
H.R.4226: Credit Union Residential Loan Parity Act
About This Bill
- Introduced March 13, 2014
- Latest Major Action March 13, 2014
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (3 Democrats, 1 Republican)
Bill Summary
Credit Union Residential Loan Parity Act - Amends the Federal Credit Union Act to revise the definition of "member business loan," which currently excludes an extension of credit fully secured by a lien on a 1- to 4-family dwelling that is the primary residence of a member. Removes the condition that the dwelling be a member's primary residence. (Thus denies eligibility for a member business loan to any requested extension of credit that would...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
March 13, 2014 |
Referred to the House Committee on Financial Services.
|
March 13, 2014 |
Introduced in the House by Edward Royce (R-Calif.) |