H.R.4042: Veterans Home Loan Prepayment Protection Act of 2002

About This Bill

Bill Summary

Veterans Home Loan Prepayment Protection Act of 2002 - Provides that the prepayment in full by a veteran of a home loan guaranteed by the Department of Veterans Affairs after enactment of this Act shall be credited on the date of its receipt at the business location of the mortgage lender and no interest may be charged thereafter. Allows such prepayment to be made by electronic funds transfer.

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.4042.

Bill Actions

Date Description
Referred to the House Committee on Veterans' Affairs.
Sponsor introductory remarks on measure.
Referred to the Subcommittee on Benefits.
Committee Hearings Held.
March 20, 2002

Introduced in the House by Lane A. Evans (D-Ill.)

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