Skip to main content
HR 1849 110th Congress House Finance and Financial Sector Bank loans Commerce Congressional reporting requirements Credit unions Depressed areas Economics and Public Finance Federally-guaranteed loans Small business

Credit Union Small Business Lending Act

Introduced: March 29, 2007 Introduced by: Velázquez, Nydia M. Democratic · New York See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 29, 2007
Introduced in House
Mar 29, 2007
Referred to the Committee on Financial Services, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Credit Union Small Business Lending Act - Amends the Federal Credit Union Act to exclude from the meaning of "member business loan," and thereby from specified limitations on member business loans made by a credit union, certain small business loans made in cooperation with the Small Business Administration (SBA), without regard to whether any portion of such a loan is or is not SBA-guaranteed.

Amends the Small Business Act to direct the SBA Administrator to implement a program to: (1) provide outreach and assistance to credit unions to increase their participation in the SBA small business loan program; (2) simplify the application process for such participation; and (3) provide a guaranty of up to 85% for loans made by credit unions to their members in underserved areas.

What's happening now March 29, 2007

Referred to the Committee on Financial Services, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1849: Credit Union Small Business Lending Act. 110th Congress. Open America. https://openamerica.io/bill/110-HR-1849/
MLA
"H.R. 1849: Credit Union Small Business Lending Act." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-1849/.
Bluebook (legal)
H.R. 1849, 110th Cong. (2026), https://openamerica.io/bill/110-HR-1849/.
Markdown link
[H.R. 1849: Credit Union Small Business Lending Act](https://openamerica.io/bill/110-HR-1849/)
Report a problem