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HR 6933 118th Congress House Finance and Financial Sector

Expanding Access to Lending Options Act

Introduced: January 10, 2024 Introduced by: Fitzgerald, Scott Republican · Wisconsin See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 11, 2024
Sponsor introductory remarks on measure. (CR H67-68)
Jan 10, 2024
Referred to the House Committee on Financial Services.
Jan 10, 2024
Introduced in House
 Plain-English summary Congressional Research Service

Expanding Access to Lending Options Act

This bill allows the National Credit Union Administration Board to increase the federal credit union loan maturity cap from 15 to 20 years. It also removes as a requirement for a mortgage from a credit union that a property must be a credit union member's principal residence.

What's happening now January 11, 2024

Sponsor introductory remarks on measure. (CR H67-68)

 Committees of jurisdiction 1