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: January 10, 2017
See on congress.gov
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
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.
Committees of jurisdiction
1