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H.R. 507 · 119th Congress · 2025–2026

Veterans Member Business Loan Act

H.R. 507 in the 119th Congress (2025–2026) was introduced on Jan 16, 2025, sponsored by Vicente Gonzalez with 71 co-sponsors.

During the 119th Congress (2025–2026), Joe Biden was president, and Republicans held majorities in both the House and Senate.

Status
Introduced
Introduced
Jan 16, 2025
Co-sponsors
71
Policy area
Finance and Financial Sector

What it does

Veterans Member Business Loan Act This bill excludes from credit union aggregate loan limitations member business loans made to veterans.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Vicente Gonzalez (D-TX). Co-sponsors: 45 Democrats, 26 Republicans.

Where it stands

  • IntroducedJan 16, 2025
  • Passed the House—
  • Passed the Senate—
  • Sent to the President—
  • Became law—

Latest action: Referred to the House Committee on Financial Services. (Jan 16, 2025)

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Committees

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.R. 507 (119th Congress): Veterans Member Business Loan Act,” https://www.capitolreceipts.com/bill/119-hr-507/veterans-member-business-loan-act (accessed 2026-10-17).

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