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- H.R.389
H.R.389: Credit Union Residential Loan Parity Act
About This Bill
- Introduced Jan. 10, 2017
- Latest Major Action Jan. 10, 2017
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
55 (43 Democrats, 12 Republicans)
Bill Version
- Introduced in House - Jan. 10, 2017
Bill Summary
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.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Jan. 10, 2017 |
Referred to the House Committee on Financial Services.
|
| Jan. 10, 2017 |
Introduced in the House by Edward Royce (R-Calif.) |