A bill to amend title 38, section 203(b), United States Code, to delete the requirement that settlements of claims in excess of $1,000,000 on a construction contract be provided for specifically in an appropriation law, and to provide instead that the Administrator notify the House and Senate Committees on Appropriations of construction contract claims settlements of more that $1,000,000.

Amends Federal veterans' provisions relating to construction contracts to delete the requirement that settlements of claims in excess of $1,000,000 on a construction contract be provided for specifically in an appropriation law, instead requiring that the Administrator of Veterans Affairs promptly notify the Senate and House Appropriations Committees of settlements in excess of such figure.