Combating Illicit Xylazine Act

House Bill

H.R. 1266

119th Congress

Combating Illicit Xylazine Act

In Committee

Introduced:Sep 9, 2025

Primary Sponsor

Eric Swalwell

Representative

Democratic

CA-14

Cosponsors

2

Quick Stats

Policy Area

Armed Forces and National Security

Summary

This bill would create a pilot program at the Department of Veterans Affairs (VA) to help veterans and members of the military with limited credit histories get approved for VA housing and small business loans. The program would allow lenders to use alternative credit scoring models instead of just traditional credit reports.

Latest Action

Referred to the Subcommittee on Economic Opportunity.

AI Summary

Plain-English explanation of this bill

This bill would create a pilot program at the Department of Veterans Affairs (VA) to help veterans and members of the military with limited credit histories get approved for VA housing and small business loans. The program would allow lenders to use alternative credit scoring models instead of just traditional credit reports.

Last updated: 12/29/2025

Official Summary

Congressional Research Service summary

Building Credit Access for Veterans Act of 2023 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.

Key Points

Main provisions of the bill

Establishes a pilot program at the VA to assess using alternative credit scoring models for veterans and military members applying for VA housing and small business loans
Aims to help those with insufficient credit histories obtain VA loans by allowing lenders to use different credit assessment methods
Participation in the program is voluntary for lenders, borrowers, and individuals

How This Impacts Americans

Potential effects on citizens and communities

This bill would primarily impact veterans and active-duty service members who have limited credit histories, making it difficult for them to qualify for VA housing and small business loans. If passed, the pilot program could make it easier for these individuals to access VA loan programs and potentially buy homes or start businesses.

Policy Areas

Primary Policy Area

Armed Forces and National Security

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

1266, 119th Congress (2025). "Combating Illicit Xylazine Act". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-1266