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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

Introduced: June 14, 2017 See on congress.gov
This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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
Jan 10, 2017
Referred to the House Committee on Financial Services.
Jan 10, 2017
Introduced in House
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 Plain-English summary Congressional Research Service

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 January 10, 2017

Referred to the House Committee on Financial Services.

 Related & companion bills 2
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 34
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 389: Credit Union Residential Loan Parity Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-389/
MLA
"H.R. 389: Credit Union Residential Loan Parity Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-389/.
Bluebook (legal)
H.R. 389, 115th Cong. (2026), https://openamerica.io/bill/115-HR-389/.
Markdown link
[H.R. 389: Credit Union Residential Loan Parity Act](https://openamerica.io/bill/115-HR-389/)
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