HR 507
Veterans Member Business Loan Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 1:34 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Veterans Member Business Loan Act, amends the Federal Credit Union Act to allow credit unions to offer loans to veterans without counting these loans against their aggregate member business loan limits. Currently, credit unions are restricted in the amount they can lend for business loans to their members. This change would specifically exempt loans made to veterans from these restrictions, providing them with increased access to capital for starting or expanding businesses.
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