Expanding Access to Lending Options Act
Summary
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
President
Introduced Jan 10, 2024
Last action Jan 11, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Jan 10, 2024
Committee
Referred to the House Committee on Financial Services.
lower
Jan 10, 2024
Introduced
Introduced in House
lower
1 primary · 10 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Scott Fitzgerald
RRepublican
Co
Brad Sherman
DDemocratic
Co
Chuck Edwards
RRepublican
Co
Daniel Meuser
RRepublican
Co
Jimmy Panetta
DDemocratic
Co
Juan Vargas
DDemocratic
Co
Nicole Malliotakis
RRepublican
Co
Salud O. Carbajal
DDemocratic
Co
Wiley Nickel
DDemocratic
Co
William R. Timmons IV
RRepublican
Co
Young Kim
RRepublican
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