Introduced in House
Veterans Member Business Loan Act
SEC. 1. SHORT TITLETrack this section →
This Act may be cited as the Veterans Member Business Loan Act
SEC. 2. MEMBER BUSINESS LOAN DEFINITIONTrack this section →
(a) In general Section 107A(c) of the Federal Credit Union Act (12 U.S.C. 1757a(c)) is amended— (1) in paragraph (1)(B)— (A) in clause (iv), by striking or at the end; (B) in clause (v), by striking the period and inserting; or; and (C) by adding at the end the following: (vi) made to a veteran;; (2) in paragraph (2), by striking and at the end; (3) in paragraph (3), by striking the period and inserting; and; and (4) by adding at the end the following: (4) the term veteran has the meaning given such term under section 101 of title 38, United States Code.. (b) Effective date The amendments made by subsection (a) shall take effect after the end of the 6-month period beginning on the date of the enactment of this Act.