Not so fast. After announcing Monday afternoon that a Senatevote on raising the member business lending cap was imminent, CUNAnow says it's not so.

About an hour after it said its Capitol contacts said a vote onS. 2231 would take place this week, possibly in the next 48 hours,the trade group said it now expects no vote this week.

The trade group's executive vice president of governmentalaffairs, John Magill, noted “that there is always a good deal ofuncertainty in any post-election, lame-duck session of Congress andthat schedules can change, for better or worse, at a moment'snotice.”

CUNA said it will continue to lobby for the legislation, whichwould increase the member business lending cap to 27.5% of assets from the current12.25%.

In March, Senate Majority Leader Harry Reid (D-Nev.) promised a vote on the floor of the Senate sometime this year.S. 2231 was authored by Sen. Mark Udall (D-Colo.) and has 21co-sponsors. The bill needs 60 votes to pass in the Senatebefore moving to the House for approval.

The House version of the MBL bill, H.R. 1418, is sponsored byRep. Ed Royce (R-Calif.) and has 142 co-sponsors.

More than 500 credit union and small business representativeswill hike Capitol Hill Tuesday and Wednesday in a CUNA-sponsoredevent to push for a favorable vote on S. 2231.

Bank lobbyists say they will also be visiting congressionaloffices this week, opposing the bill. CUNA said the bill has thebacking of the Obama administration, and the NCUA has toldinquiring lawmakers it also supports the MBL capincrease.