H.R. 507
119th Congress
House
Veterans Member Business Loan Act
Official title: To amend the Federal Credit Union Act to exclude extensions of credit made to veterans from the definition of a member business loan.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 16, 2025
Referred to the House Committee on Financial Services.
Jan 16, 2025
Introduced in House
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What's happening now
Referred to the House Committee on Financial Services.
Plain-English summary
Veterans Member Business Loan Act
This bill excludes from credit union aggregate loan limitations member business loans made to veterans.
Related & companion bills
1
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Lobbying activity
32
- GOWEST CREDIT UNION ASSOCIATION
- CALIFORNIA AND NEVADA CREDIT UNION LEAGUES
- AMERICAS CREDIT UNIONS, FKA CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICAS CREDIT UNIONS
- MICHIGAN CREDIT UNION LEAGUE
- CALIFORNIA AND NEVADA CREDIT UNION LEAGUES
- GOWEST CREDIT UNION ASSOCIATION
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- Consumer Financial Protection Bureau (CFPB)
- Natl Credit Union Administration (NCUA)
- Treasury, Dept of
- Defense, Dept of (DOD)
- Small Business Administration (SBA)
- Executive Office of the President (EOP)
Cosponsors
72
D
Amo, Gabe
D
Craig, Angie
R
Van Orden, Derrick
D
Keating, William R.
R
McGuire, John J.
R
Cammack, Kat
D
Adams, Alma S.
D
Goodlander, Maggie
R
Baird, James R.
D
Carbajal, Salud O.
D
Latimer, George
R
Massie, Thomas
R
Mackenzie, Ryan
D
Morelle, Joseph D.
R
Harrigan, Pat
D
Sánchez, Linda T.
D
Krishnamoorthi, Raja
R
Maloy, Celeste
D
McClellan, Jennifer L.
D
Riley, Josh
D
Ross, Deborah K.
D
McBride, Sarah
R
Edwards, Chuck
D
Subramanyam, Suhas
D
Whitesides, George
R
Langworthy, Nicholas A.
D
Scott, David
R
Kean, Thomas H.
D
Houlahan, Chrissy
D
Magaziner, Seth
D
Harder, Josh
D
Lieu, Ted
D
Correa, J. Luis
D
Sewell, Terri A.
D
Soto, Darren
R
Bergman, Jack
D
Sherman, Brad
D
Salinas, Andrea
R
Begich, Nicholas J.
D
Cisneros, Gilbert Ray
R
Evans, Gabe
D
Fields, Cleo
D
Thanedar, Shri
D
Neguse, Joe
D
McGovern, James P.
R
Owens, Burgess
D
Conaway, Herbert C.
R
Mills, Cory
R
Malliotakis, Nicole
D
Horsford, Steven
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Cite this page
U.S. Congress. (2026). H.R. 507: Veterans Member Business Loan Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-507/
"H.R. 507: Veterans Member Business Loan Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-507/.
H.R. 507, 119th Cong. (2026), https://openamerica.io/bill/119-HR-507/.
[H.R. 507: Veterans Member Business Loan Act](https://openamerica.io/bill/119-HR-507/)