Veterans Member Business Loan Act
Latest action · Jan 16, 2025 Referred to the House Committee on Financial Services.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 16, 2025
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Veterans Member Business Loan Act
This bill excludes from credit union aggregate loan limitations member business loans made to veterans.
Cosponsors 74
Members who signed on, in the order they did. Signatures ran from Jan 16, 2025 to Nov 10, 2026; 21 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-IN | André Carson | Original | Jan 16, 2025 |
| R-AZ | Andy Biggs | Original | Jan 16, 2025 |
| R-PA | Brian K. Fitzpatrick | Original | Jan 16, 2025 |
| R-CA | David G. Valadao | Original | Jan 16, 2025 |
| D-NV | Dina Titus | Original | Jan 16, 2025 |
| R-AZ | Elijah Crane | Original | Jan 16, 2025 |
| D-VA | Gerald E. Connolly | Original | Jan 16, 2025 |
| R-KY | Harold Rogers | Original | Jan 16, 2025 |
| D-TX | Henry Cuellar | Original | Jan 16, 2025 |
| D-ME | Jared F. Golden | Original | Jan 16, 2025 |
| D-HI | Jill N. Tokuda | Original | Jan 16, 2025 |
| D-CA | Jim Costa | Original | Jan 16, 2025 |
| R-FL | John H. Rutherford | Original | Jan 16, 2025 |
| D-NJ | Josh Gottheimer | Original | Jan 16, 2025 |
| R-AZ | Juan Ciscomani | Original | Jan 16, 2025 |
| D-CA | Julia Brownley | Original | Jan 16, 2025 |
| D-NY | Patrick Ryan | Original | Jan 16, 2025 |
| D-FL | Sheila Cherfilus-McCormick | Original | Jan 16, 2025 |
| D-MA | Stephen F. Lynch | Original | Jan 16, 2025 |
| D-OR | Suzanne Bonamici | Original | Jan 16, 2025 |
| R-OK | Tom Cole | Original | Jan 16, 2025 |
| R-ID | Michael K. Simpson | Jan 21, 2025 | |
| D-NV | Steven Horsford | Jan 21, 2025 | |
| R-NY | Nicole Malliotakis | Feb 5, 2025 | |
| R-FL | Cory Mills | Feb 14, 2025 | |
| D-NJ | Herbert C. Conaway, Jr. | Mar 3, 2025 | |
| R-UT | Burgess Owens | Mar 18, 2025 | |
| D-MA | James P. McGovern | Mar 18, 2025 | |
| D-CO | Joe Neguse | Mar 25, 2025 | |
| D-LA | Cleo Fields | Apr 24, 2025 | |
| D-MI | Shri Thanedar | Apr 24, 2025 | |
| R-CO | Gabe Evans | May 19, 2025 | |
| D-CA | Gilbert Ray Cisneros, Jr. | Jun 3, 2025 | |
| R-AK | Nicholas J. Begich III | Jun 23, 2025 | |
| D-OR | Andrea Salinas | Jul 25, 2025 | |
| D-CA | Brad Sherman | Sep 3, 2025 | |
| R-MI | Jack Bergman | Sep 9, 2025 | |
| D-FL | Darren Soto | Sep 10, 2025 | |
| D-AL | Terri A. Sewell | Sep 10, 2025 | |
| D-CA | J. Luis Correa | Sep 11, 2025 | |
| D-CA | Josh Harder | Sep 17, 2025 | |
| D-CA | Ted Lieu | Sep 17, 2025 | |
| D-PA | Chrissy Houlahan | Oct 3, 2025 | |
| D-RI | Seth Magaziner | Oct 3, 2025 | |
| R-NJ | Thomas H. Kean, Jr. | Oct 6, 2025 | |
| D-GA | David Scott | Oct 10, 2025 | |
| R-NY | Nicholas A. Langworthy | Oct 21, 2025 | |
| D-CA | George Whitesides | Nov 25, 2025 | |
| R-NC | Chuck Edwards | Dec 2, 2025 | |
| D-VA | Suhas Subramanyam | Dec 2, 2025 | |
| D-DE | Sarah McBride | Dec 5, 2025 | |
| D-NC | Deborah K. Ross | Dec 9, 2025 | |
| D-NY | Josh Riley | Dec 17, 2025 | |
| D-VA | Jennifer L. McClellan | Jan 7, 2026 | |
| R-UT | Celeste Maloy | Jan 8, 2026 | |
| D-IL | Raja Krishnamoorthi | Jan 22, 2026 | |
| D-CA | Linda T. Sánchez | Feb 2, 2026 | |
| R-NC | Pat Harrigan | Feb 2, 2026 | |
| D-NY | Joseph D. Morelle | Feb 4, 2026 | |
| R-PA | Ryan Mackenzie | Mar 4, 2026 | |
| R-KY | Thomas Massie | Mar 9, 2026 | |
| D-NY | George Latimer | Mar 26, 2026 | |
| D-CA | Salud O. Carbajal | Apr 15, 2026 | |
| R-IN | James R. Baird | May 7, 2026 | |
| D-NC | Alma S. Adams | May 19, 2026 | |
| D-NH | Maggie Goodlander | May 19, 2026 | |
| R-FL | Kat Cammack | May 26, 2026 | |
| R-VA | John J. McGuire III | Jun 8, 2026 | |
| D-MA | William R. Keating | Jun 10, 2026 | |
| R-WI | Derrick Van Orden | Jul 14, 2026 | |
| D-MN | Angie Craig | Oct 5, 2026 | |
| D-RI | Gabe Amo | Oct 15, 2026 | |
| R-MN | Pete Stauber | Oct 22, 2026 | |
| D-CA | Norma J. Torres | Nov 10, 2026 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Jan 16, 2025 |
Actions 2
Everything that happened, newest first.
- Jan 16, 2025Introduced in House
- Jan 16, 2025Referred to the House Committee on Financial Services.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 171, no. 9, January 16, 2025, page H222.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 110 | Veterans Member Business Loan Act | Related bill | Jan 16, 2025 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Federal Credit Union Act to exclude extensions of credit made to veterans from the definition of a member business loan.
- Short Title(s) as Introduced
- Veterans Member Business Loan Act
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jan 16, 2025Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
