H.R.1949: Vendee Loan Restoration Act

About This Bill

Bill Summary

Vendee Loan Restoration Act - Reinstates the minimum and maximum percentages of purchases during a fiscal year of real property acquired by the Secretary of Veterans Affairs as the result of a default on a guaranteed loan that may be financed by a loan made by the Secretary. Increases the maximum percentage to 85 (65 under provisions that expired after September 30, 1990).

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Veterans' Affairs.
Referred to the Subcommittee on Benefits.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee by Unanimous Consent.
Provision incorporated. See H. R. 1460, Section 5.
Provision incorporated. See H. R. 2297, Section 15.
Provision incorporated. See H.R. 2297, as amended, Title IV, Section 404.
See Public Law 108-183.
May 5, 2003

Introduced in the House by Christopher H. Smith (R-N.J.)

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