The House Financial Services Committee plans to vote this weekon several bills it says will spur job creation and ease theregulatory burden on businesses.
One approach the committee isn't taking up this week is raisingthe cap on member business loans.
The panel, which held a hearing on the measure in October, hasn't scheduled a markup ofthe legislation. A similar hearing was held by the Senate Banking Committee last June andthat panel hasn't held a markup of the bill either. Both the Houseand Senate versions would raise the cap from 12.25% of assets to asmuch as 27.5% of assets. Last week, CUNA tried to increase interestin the measure by sponsoring a Hike the Hill with several small business groups.
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