H. R. 1661
IN THE HOUSE OF REPRESENTATIVES
March 8, 2019
Mr. Zeldin (for himself and Mr. Gonzalez of Texas) introduced the following bill; which was referred to the Committee on Financial Services
To provide the National Credit Union Administration Board flexibility to increase Federal credit union loan maturities, and for other purposes.
Flexibility for NCUA Board to increase Federal credit union loan maturities
Section 107(5) of the Federal Credit Union Act (12 U.S.C. 1757(5)) is amended by inserting after
shall not exceed 15 years, the following:
or any longer maturity as the Board may allow, in regulations,.