2025-2026 Regular Session • US Congress Legislature
HB507: Veterans Member Business Loan Act
Legislative Summary
To amend the Federal Credit Union Act to exclude extensions of credit made to veterans from the definition of a member business loan.
Demographic Impact
Overall analysis of equity impact
80% Positive
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Bill History
1/16/2025
Introduced in House
House of Representatives
1/16/2025
Referred to the House Committee on Financial Services.
House of Representatives
Status Information
Current Status
Introduced(1/16/2025)
Chamber
House of Representatives
Committee
Financial Services(House of Representatives)
Sponsors
Democrat: 20
Republican: 12
Primary Sponsor
Vicente Gonzalez
Democrat
Co-Sponsors (31)
Brian Fitzpatrick
Republican
Jim Costa
Democrat
Jill Tokuda
Democrat
Juan Ciscomani
Republican
Julia Brownley
Democrat
Jared Golden
Democrat
Sheila Cherfilus-McCormick
Democrat
Gerald Connolly
Democrat
Andy Biggs
Republican
David Valadao
Republican
Henry Cuellar
Democrat
Dina Titus
Democrat
Suzanne Bonamici
Democrat
Stephen Lynch
Democrat
Andre Carson
Democrat
Harold Rogers
Republican
Tom Cole
Republican
Josh Gottheimer
Democrat
Pat Ryan
Democrat
John Rutherford
Republican
Elijah Crane
Republican
Steven Horsford
Democrat
Michael Simpson
Republican
Nicole Malliotakis
Republican
Cory Mills
Republican
Herbert Conaway Jr.
Democrat
Burgess Owens
Republican
James McGovern
Democrat
Joseph Neguse
Democrat
Cleo Fields
Democrat
Shri Thanedar
Democrat