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H.R. 6933

BillFederalHouseIntroduced
To provide the National Credit Union Administration Board flexibility to increase Federal credit union loan maturities, and for other purposes.
About This Bill
Introduced
Latest Action · January 11, 2024
Sponsor introductory remarks on measure. (CR H67-68)
Congress
118th (2023–2025)
Introduced
January 10, 2024
Cosponsors (10)
5D 5R
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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.

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