H.R.688: Credit Union Small Business Jobs Creation Act

About This Bill

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.)

Close Comment Creative Commons Donate Email Facebook Mobile Phone Podcast Print Google News logo Google_NewsInitiative_Lockup_FullColor RSS Search Search Twitter WhatsApp Resolving differences Check Building Arrow right Info circle Oops OOPS Pencil File text Bars Search Close Cogs Filter Compare Revolving Door Info card Activity Member menu Globe Document External link Quote News Calendar No Vote
Current site Current page