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- H.R.688
H.R.688: Credit Union Small Business Jobs Creation Act
About This Bill
- Introduced Feb. 14, 2013
- Latest Major Action Feb. 14, 2013
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
121 (89 Democrats, 32 Republicans)
Bill Summary
Credit Union Small Business Jobs Creation Act - Amends the Federal Credit Union Act to prohibit an insured credit union from making any member business loan that would result in the total amount of such loans outstanding at that credit union at any one time exceeding either: (1) 1.75 times the actual net worth of the credit union, or (2) 12.25% of the total assets of the credit union. Authorizes the National Credit Union Administration Board...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Feb. 14, 2013 |
Referred to the House Committee on Financial Services.
|
Feb. 14, 2013 |
Introduced in the House by Edward Royce (R-Calif.) |