Credit Union Residential Loan Parity Act

S 836 Credit Union Residential Loan Parity Act

US Congress 115th Congress

Credit Union Residential Loan Parity Act
S.836


About S.836

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.

  

Bill Texts

Introduced 04/17/2017

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History

Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. (sponsor Introductory Remarks On Measure: Cr S2366; Text As Introduced In Senate: Cr S2366)

04/05/2017