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S. 110

U.S. Senate•In Senate Committee

Summary

S. 110, the Veterans Member Business Loan Act, was introduced in the Senate on Jan 16, 2025 by Sen. Dan Sullivan (R) with 4 co-sponsors. It was referred to Banking, Housing, And Urban Affairs, and last saw action on Jan 16, 2025: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Record

Text

S. 110 has 4 co-sponsors.

sb110/introduced-in-senate.txt
119 S110 IS: Veterans Member Business Loan Act
 U.S. Senate
 2025-01-16
 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.
 II  119th CONGRESS  1st Session  S. 110  IN THE SENATE OF THE UNITED STATES   January 16, 2025   Mr. Sullivan  (for himself and  Ms. Hirono ) introduced the following bill; which was read twice and referred to the  Committee on Banking, Housing, and Urban Affairs    A BILL
To amend the Federal Credit Union Act to exclude extensions of credit made to veterans from the definition of a member business loan.
1.
Short title
This Act may be cited as the   Veterans Member Business Loan Act  .
2.
Member business loan definition
(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 at the end and inserting  ; or ; and
(C)
by adding at the end the following:
(vi)
made to a veteran;
 ;
(2)
in paragraph (2)(B)(ii), by striking  and  at the end;
(3)
in paragraph (3), by striking the period at the end and inserting  ; and ; and
(4)
by adding at the end the following:
(4)
the term  veteran  has the meaning given the term in section 101 of title 38, United States Code.
 .
(b)
Effective date
The amendments made by subsection (a) shall take effect on the date that is 180 days after the date of enactment of this Act.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-01-16
  2. Passed Senate
  3. Passed House
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in Senate Jan 16, 2025

sb110/introduced-in-senate.md

Shown Here:
Introduced in Senate (01/16/2025)

Sponsors

Sen. Dan Sullivan (R) sponsors S. 110, and 4 members have co-sponsored it, 1 of them from the day it was introduced.

Committees

S. 110 went before 1 committee: Banking, Housing, and Urban Affairs.

Banking, Housing, and Urban Affairs
Banking, Housing, and Urban Affairs
Referred To · Jan 16, 2025 · 465 Bills

Actions

S. 110 has taken 2 actions since Jan 16, 2025.

ChamberAction
Jan 16, 2025
Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Banking, Housing, and Urban Affairs Committee
Jan 16, 2025
—
Introduced in Senate

Votes

S. 110 has not gone to a roll call.

1 bill is related to S. 110.

Titles

S. 110 goes by 3 titles, 1 of them short titles.

  • Veterans Member Business Loan Act — Display Title
  • Veterans Member Business Loan Act — Short Title(s) as Introduced
  • A bill to amend the Federal Credit Union Act to exclude extensions of credit made to veterans from the definition of a member business loan. — Official Title as Introduced

Lobbying

4 clients hired 4 firms and 23 registered lobbyists who named S. 110 in 17 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Banking, Small Business, Financial Institutions/Investments/Securities, Taxation/Internal Revenue Code, Budget/Appropriations, Government Issues, Veterans.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONS—District of Columbia16—
GOWEST CREDIT UNION ASSOCIATIONCredit Union Trade AssociationWashington16—
DEFENSE CREDIT UNION COUNCILNational Trade Assocation for Defense, Veterans and related Credit UnionsDistrict of Columbia14—
NEW YORK CREDIT UNION ASSOCIATION, INC.Advocates, educates, unites, and supports the interests of New York credit unions.New York11—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
CREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS16—
GOWEST CREDIT UNION ASSOCIATION16—
DEFENSE CREDIT UNION COUNCIL14—
OSTROFF ASSOCIATES, INC.11—

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 23.

LobbyistFirmsClientsFilings
ANDREW MORRIS116
BRADFORD THALER116
CLARK DERRINGTON116
GORDON HOLZBERG116
GREGORY MESACK116
JAMES AKIN116
LUKE MARTONE116
PHIL DRAGER116
RYAN FITZGERALD116
STEPHANIE BELK116
TYLER MARON115
JASON STVERAK114
JOHN VATIAN114
CARRIE HUNT113
CLEMENT ABONYI113
MADISON HUBBARD113
ANN PETROS112
JEREMY GREENBERG112
KRISTIN RHEINS112
AMY KRAMER111

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONSCREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS2026 second_quarter$1.3M2nd Quarter - Report
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONSCREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS2025 first_quarter$1.2M1st Quarter - Report
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONSCREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS2025 second_quarter$1.2M2nd Quarter - Report
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONSCREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS2026 first_quarter$1.1M1st Quarter - Report
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONSCREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS2025 third_quarter$1.1M3rd Quarter - Report
CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONSCREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS2025 fourth_quarter$1.1M4th Quarter - Report
DEFENSE CREDIT UNION COUNCILDEFENSE CREDIT UNION COUNCIL2025 fourth_quarter$190K4th Quarter - Report
DEFENSE CREDIT UNION COUNCILDEFENSE CREDIT UNION COUNCIL2025 third_quarter$170K3rd Quarter - Report
DEFENSE CREDIT UNION COUNCILDEFENSE CREDIT UNION COUNCIL2025 second_quarter$150K2nd Quarter - Report
DEFENSE CREDIT UNION COUNCILDEFENSE CREDIT UNION COUNCIL2025 first_quarter$110K1st Quarter - Report
GOWEST CREDIT UNION ASSOCIATIONGOWEST CREDIT UNION ASSOCIATION2026 first_quarter$90K1st Quarter - Report
GOWEST CREDIT UNION ASSOCIATIONGOWEST CREDIT UNION ASSOCIATION2026 second_quarter$80K2nd Quarter - Report
GOWEST CREDIT UNION ASSOCIATIONGOWEST CREDIT UNION ASSOCIATION2025 second_quarter$60K2nd Quarter - Report
GOWEST CREDIT UNION ASSOCIATIONGOWEST CREDIT UNION ASSOCIATION2025 fourth_quarter$40K4th Quarter - Report
GOWEST CREDIT UNION ASSOCIATIONGOWEST CREDIT UNION ASSOCIATION2025 third_quarter$40K3rd Quarter - Report
GOWEST CREDIT UNION ASSOCIATIONGOWEST CREDIT UNION ASSOCIATION2025 first_quarter$40K1st Quarter - Report
NEW YORK CREDIT UNION ASSOCIATION, INC.OSTROFF ASSOCIATES, INC.2025 third_quarter—3rd Quarter - Report

Classification

The Congressional Research Service files S. 110 under Finance and Financial Sector, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 110’s is Finance and Financial Sector.

s110/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Source: congress.gov · legiscan.com