HR 6933 · 118th Congress · Finance and Financial Sector
Expanding Access to Lending Options Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Sponsor introductory remarks on measure. (CR H67-68)(2024-01-11)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (10)
5 Democrats5 Republicans