Veterans could get more business loans from federal credit unions
This bill would make it easier for veterans to get business loans from federal credit unions. It would change a rule so that loans made to veterans no longer count against a credit union's limit for business lending. This could open up more opportunities for veterans to start or grow businesses.
Today, business loans made to veterans by federal credit unions count towards a specific cap on how much business lending the credit union can do. If this bill becomes law, these loans would no longer count towards that cap, potentially allowing federal credit unions to offer more business loans to veterans.
HR 507 · 119th Congress · January 16, 2025 · AI Summary by gemini-2.5-flash · 10/10
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7 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.