H.R. 4345 · 108th Congress
To amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under…
Full title
To amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposes.
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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 108th Congress ended.
R
Brown-WaiteSponsor5 cosponsors · 1 D, 4 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced May 12, 2004
- House Passed Jun 23, 2004
Amends Federal veterans' benefits law to revise the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, specifically the guaranty of any loan of more than $144,000.
What it does: CRS summary · Passed House without amendment · Jun 23, 2004
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Amends Federal veterans' benefits law to revise the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, specifically the guaranty of any loan of more than $144,000. Replaces the current formula of the lesser of $60,000 or 25 percent of the loan with the lesser of a certain maximum guaranty amount or 25 percent of the loan.
Defines maximum guaranty amount as the dollar amount equal to 25 percent of the Federal Home Loan Mortgage Corporation (Freddie Mac) conforming loan limit limitation determined under the Federal Home Loan Mortgage Corporation Act for a single-family residence, as adjusted for the year involved.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposes.
Latest action (Jun 24, 2004): Received in the Senate and Read twice and referred to the Committee on Veterans' Affairs.
Policy area: Armed Forces and National Security · Origin: House · Introduced: May 12, 2004
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced May 12, 2004
- House Passed Jun 23, 2004
No recorded floor vote found.