To amend the Federal Credit Union Act to provide an exception from the member business loan cap for loans m...
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HR 1646 — To amend the Federal Credit Union Act to provide an exception from the member business loan cap for loans made to aid in the recovery from a disaster.
Last action — Referred to the House Committee on Financial Services.
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✓Introduced
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✓In Committee
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Died in session
This bill died with 113th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Amends the Federal Credit Union Act to exempt from the limit on member business loans those that are: (1) used to aid in the recovery from a major disaster declared under the Robert T. Stafford Disaster Relief and Emergency Assistance Act, and (2) made within five years after such a declaration. Directs the National Credit Union Administration Board to issue regulations defining when an extension of credit aids in the recovery from a disaster.
Bill Text
We don't have the full text on file for this bill yet.
Read HR 1646 on the official United States source →Action History
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Referred to the House Committee on Financial Services.
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Sponsor introductory remarks on measure. (CR E499)
Sponsors
- Carolyn Maloney · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HR 1646 do?
- Amends the Federal Credit Union Act to exempt from the limit on member business loans those that are: (1) used to aid in the recovery from a major disaster declared under the Robert T. Stafford Disaster Relief and Emergency Assistance Act, and (2) made within five years after such a declaration. Directs the National Credit Union Administration Board to issue regulations defining when an extension of credit aids in the recovery from a disaster.
- Who sponsors HR 1646?
- HR 1646 is sponsored by Carolyn Maloney (D).
- What is the current status of HR 1646?
- This bill died with 113th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 1646?
- Track HR 1646 free on One Click Politics — get push/email alerts when it moves.
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