To amend the Internal Revenue Code of 1986 with respect to the eligibility of veterans for mortgage revenue bond financing.

Amends the Internal Revenue Code to provide that a qualified veteran for purposes of eligibility of mortgage revenue bond financing, is one who meets applicable State law requirements. (Current law specifies deadlines to be met by such veterans.)

 
HR 1250 IH
102d CONGRESS
 1st Session
 H. R. 1250
To amend the Internal Revenue Code of 1986 with respect to the eligibility
of veterans for mortgage revenue bond financing.
IN THE HOUSE OF REPRESENTATIVES
March 5, 1991
Mr. MOODY introduced the following bill; which was referred to the Committee
on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 with respect to the eligibility
of veterans for mortgage revenue bond financing.
  Be it enacted by the Senate and House of Representatives of the United
  States of America in Congress assembled, That (a) paragraph (4) of section
  143(l) of the Internal Revenue Code of 1986 (defining qualified veteran)
  is amended to read as follows:
  `(4) QUALIFIED VETERAN- For purposes of this subsection, the term `qualified
  veteran' means any veteran who meets such requirements as may be imposed
  by the State law pursuant to which qualified veterans' mortgage bonds
  are issued.'
  (b) The amendment made by subsection (a) shall apply to obligations issued
  after the date of the enactment of this Act.