[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3745 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 3745

 To amend the Federal Credit Union Act with respect to the limitations 
                       on member business loans.


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                    IN THE HOUSE OF REPRESENTATIVES

                           December 20, 2011

Ms. Brown of Florida introduced the following bill; which was referred 
                 to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
 To amend the Federal Credit Union Act with respect to the limitations 
                       on member business loans.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Faith-Based Lending Protection 
Act''.

SEC. 2. MEMBER BUSINESS LOAN EXCLUSION FOR LOANS TO NONPROFIT RELIGIOUS 
              ORGANIZATIONS.

    Section 107A(a) of the Federal Credit Union Act (12 U.S.C. 
1757a(a)) is amended by inserting ``, excluding loans made to nonprofit 
religious organizations,'' after ``total amount of such loans''.
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