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H.R. 6933 · 118th Congress

Expanding Access to Lending Options Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

10 cosponsors · 5 D, 5 R

3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

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.

What it does: CRS summary · Introduced in House · Jan 10, 2024

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Expanding Access to Lending Options Act

Latest action (Jan 11, 2024): Sponsor introductory remarks on measure. (CR H67-68)

Policy area: Finance and Financial Sector · Origin: House · Introduced: Jan 10, 2024

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.