S 110 · 119th CongressIn Committeecongress.gov ↗

Veterans Member Business Loan Act

What this bill does

AI plain-language summary

This bill changes the rules for credit unions by saying that business loans made to veterans would not count toward the limits on how much a credit union can lend out in business loans overall. This means credit unions could make more business loans to veterans without those loans being restricted by existing caps on total business lending.

Introduced

January 16, 2025

Policy Area

Finance and Financial Sector

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