# 119-s-110: Veterans Member Business Loan Act

119-s-110, Veterans Member Business Loan Act, is a 119th Congress bill sponsored by Sen. Sullivan, Dan [R-AK] (R-AK); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-110
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-110
- Congress: 119
- Title: Veterans Member Business Loan Act
- Status: introduced
- Introduced: 2025-01-16
- Sponsor: Sen. Sullivan, Dan [R-AK] (R-AK)
- Cosponsors: 4
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**This bill would exempt loans made to veterans from credit unions' aggregate member business loan limits.** It adds "made to a veteran" into the member business loan rules and uses the veteran definition in 38 U.S.C. §101.

## Cosponsors (4)

- Sen. Hirono, Mazie K. [D-HI] (D-HI), 2025-01-16T00:00:00.000Z
- Sen. Coons, Christopher A. [D-DE] (D-DE), 2025-03-12T00:00:00.000Z
- Sen. Merkley, Jeff [D-OR] (D-OR), 2025-03-25T00:00:00.000Z
- Sen. Whitehouse, Sheldon [D-RI] (D-RI), 2025-04-30T00:00:00.000Z

## Provisions PRIA read

- Veteran loans counted as business loans: mixed, low. This bill would change which loans count as member business loans at credit unions. Loans made to veterans would be added to the member business loan definition. The bill would define "veteran" by referring to section 101 of title 38, United States Code. If enacted, the change would take effect 180…

## Related bills

- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-524: Coast Guard Authorization Act of 2025
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-s-410: Love Lives On Act of 2025
- 119-s-2903: Safe Step Act
- 119-s-1677: Ensuring Lasting Smiles Act

## Sources
- [119-s-110 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/110)

## Related
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-524: Coast Guard Authorization Act of 2025](https://policyrisk.com/legislation/119-s-524)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-s-410: Love Lives On Act of 2025](https://policyrisk.com/legislation/119-s-410)
- [119-s-2903: Safe Step Act](https://policyrisk.com/legislation/119-s-2903)
- [119-s-1677: Ensuring Lasting Smiles Act](https://policyrisk.com/legislation/119-s-1677)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-110 (as of 2025-12-21).
