S.2057: A bill to amend title 38, United States Code, to make permanent the authority of the Secretary of Veterans Affairs guarantee laons with adjustable rate mortgages.

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about armed forces and national security
  • Introduced Sept. 5, 1996
  • Latest Major Action Sept. 5, 1996

Bill Summary

Makes permanent the authority of the Secretary of Veterans Affairs to guarantee veterans' housing loans in a manner similar to that in which adjustable rate mortgages are insured by the Secretary of Housing and Urban Development under the National Housing Act. (Currently, the authority of the Secretary to carry out a demonstration project guaranteeing such loans in such manner terminated at the end of FY 1995.)

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Veterans.
Sept. 5, 1996

Introduced in the Senate by John W. Warner (R-Va.)

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