HR 389
115th Congress
House
Finance and Financial Sector
Credit and credit markets
Housing finance and home ownership
Real estate business
Credit Union Residential Loan Parity Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 10, 2017
Referred to the House Committee on Financial Services.
Jan 10, 2017
Introduced in House
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Plain-English 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.
What's happening now
Referred to the House Committee on Financial Services.
Related & companion bills
2
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
34
D
Sánchez, Linda T.
D
Aguilar, Pete
D
Barragán, Nanette Diaz
D
Pallone, Frank
D
Carbajal, Salud O.
D
Bera, Ami
D
Moulton, Seth
D
Gomez, Jimmy
D
Lieu, Ted
D
Brownley, Julia
D
Watson Coleman, Bonnie
D
Correa, J. Luis
D
Schiff, Adam B.
D
Jayapal, Pramila
R
Amodei, Mark E.
D
Himes, James A.
D
DeSaulnier, Mark
Kihuen, Ruben
D
Norton, Eleanor Holmes
D
Matsui, Doris O.
D
Rosen, Jacky
Knight, Stephen
D
Titus, Dina
D
Torres, Norma J.
R
Newhouse, Dan
R
Valadao, David G.
R
Issa, Darrell
R
McClintock, Tom
D
Pocan, Mark
D
Garamendi, John
D
Clark, Katherine M.
D
Beyer, Donald S.
D
Sherman, Brad
D
Huffman, Jared
Cite this page
U.S. Congress. (2026). H.R. 389: Credit Union Residential Loan Parity Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-389/
"H.R. 389: Credit Union Residential Loan Parity Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-389/.
H.R. 389, 115th Cong. (2026), https://openamerica.io/bill/115-HR-389/.
[H.R. 389: Credit Union Residential Loan Parity Act](https://openamerica.io/bill/115-HR-389/)