Expanding Access to Lending Options Act

119 HR 4167 IH: Expanding Access to Lending Options Act U.S. House of Representatives 2025-06-26 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 1st Session H. R. 4167 IN THE HOUSE OF REPRESENTATIVES June 26, 2025 Mr. Fitzgerald (for himself, Mr. Sherman , Mr. Meuser , Mrs. Kim , Mr. Vargas , Mr. Timmons , and Mr. Fitzpatrick ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To provide the National Credit Union Administration Board flexibility to increase Federal credit union loan maturities, and for other purposes. 1. Short title This Act may be cited as the Expanding Access to Lending Options Act . 2. Sense of Congress It is the sense of Congress that as the prudential regulator of the federally chartered credit unions of the United States, it is of paramount importance that the NCUA place safety and soundness as a cornerstone of its oversight of these credit unions. 3. Powers of Federal credit unions Section 107(5) of the Federal Credit Union Act ( 12 U.S.C. 1757(5) ) is amended— (1) in the matter preceding subparagraph (A), by striking 15 years and inserting 20 years (or longer, as the Board may allow by regulation) ; and (2) in subparagraph (A)(i), by striking or will be the principal residence of a credit union member, and which is .