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H.R. 8758: Building Credit Access for Veterans Act of 2022

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H.R. 8758: Building Credit Access for Veterans Act of 2022

117th Congress · introduced 2022-08-30 · Armed Forces and National Security · Latest: Referred to the House Committee on Veterans' Affairs.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2022-08-30 · official record
  2. Who proposed it: Rep. Levin, Mike [D-CA-49] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the House Committee on Veterans' Affairs. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Building Credit Access for Veterans Act of 2022

Plain summary

Building Credit Access for Veterans Act of 2022 This bill requires the Department of Veterans Affairs (VA) to implement a pilot program to assess the feasibility and advisability of using alternative credit scoring information or models to improve the determination of creditworthiness of certain individuals and to increase the number of such individuals who are able to obtain VA housing and small business loans. Specifically, the program is for veterans or members of the Armed Forces who are eligible for VA housing or small business loans and have insufficient credit history. Under the program, the VA must assess the feasibility and advisability of establishing criteria for acceptable commercially available credit scoring models to be used by lenders for the purpose of guaranteeing or insuring a VA housing or small business loan. Participation is voluntary on an opt-in basis for lenders, borrowers, and individuals. The VA must conduct outreach to lenders and individuals to inform them of the pilot program.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Building Credit Access for Veterans Act of 2022

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Levin, Mike [D-CA-49] · 2 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

William R. Timmons IV (R-SC), Byron Donalds (R-FL)

Sponsor's campaign money: Rep. Levin, Mike [D-CA-49] reported raising $3.6 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-hr8758 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117