US SB836 | 2017-2018 | 115th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 9-2)
Status: Introduced on April 5 2017 - 25% progression, died in committee
Action: 2017-04-05 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S2366; text as introduced in Senate: CR S2366)
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 5 2017 - 25% progression, died in committee
Action: 2017-04-05 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S2366; text as introduced in Senate: CR S2366)
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Credit Union Residential Loan Parity Act This bill amends the Federal Credit Union Act to allow a credit union to extend a member business loan with respect to a one- to four-family dwelling, regardless of whether the dwelling is the member's primary residence. Under current law, a member business loan may be extended with respect to such a dwelling only if it is the member's primary residence.
Title
Credit Union Residential Loan Parity Act
Sponsors
| Sen. Ron Wyden [D-OR] | Sen. Lisa Murkowski [R-AK] | Sen. Elizabeth Warren [D-MA] | Sen. Edward Markey [D-MA] |
| Sen. Sheldon Whitehouse [D-RI] | Sen. Tammy Baldwin [D-WI] | Sen. Susan Collins [R-ME] | Sen. Dianne Feinstein [D-CA] |
| Sen. Jeff Merkley [D-OR] | Sen. Kamala Harris [D-CA] | Sen. Catherine Cortez Masto [D-NV] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-04-05 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S2366; text as introduced in Senate: CR S2366) |
Same As/Similar To
HB389 (Same As) 2017-01-10 - Referred to the House Committee on Financial Services.
Subjects
Credit and credit markets
Finance and financial sector
Housing finance and home ownership
Real estate business
Finance and financial sector
Housing finance and home ownership
Real estate business
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-bill/836/all-info |
| Text | https://www.congress.gov/115/bills/s836/BILLS-115s836is.pdf |
