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S 110 · in committee · major

Veterans Member Business Loan Act

What this bill does

  • This bill exempts member business loans to veterans from credit union aggregate loan limits.
  • Veterans seeking business loans through credit unions are affected by this change.
  • The bill removes a regulatory cap, allowing credit unions to lend more to veteran entrepreneurs.

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Community Threads

Started by Cosponsor

  1. 01

    How would removing aggregate loan limits for veteran business loans affect credit unions' ability to manage risk compared to their current lending practices?

  2. 02

    What evidence shows that current credit union lending caps are preventing veterans from accessing business capital they would otherwise qualify for?

  3. 03

    Which veteran entrepreneurs would benefit most from this exemption, and could alternative lending programs achieve similar results without changing regulatory requirements?

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Sponsor · R-AK

Dan Sullivan

Citizen cosponsors

0

In Congress

4/ 100

Senators cosponsoring

Introduced 2025-01-16

Joining the bill

Legislative timeline

  1. 2025-01-16 · senate · IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  2. 2025-01-16 · IntroReferral

    Introduced in Senate

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