Makes permanent Department of Veterans Affairs (VA) demonstration projects involving adjustable rate and hybrid adjustable rate mortgages for veterans and their families.
[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4482 Introduced in House (IH)]
112th CONGRESS
2d Session
H. R. 4482
To amend title 38, United States Code, to make permanent home loan
guaranty programs for veterans regarding adjustable rate mortgages and
hybrid adjustable rate mortgages.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
April 24, 2012
Mr. Miller of Florida introduced the following bill; which was referred
to the Committee on Veterans' Affairs
_______________________________________________________________________
A BILL
To amend title 38, United States Code, to make permanent home loan
guaranty programs for veterans regarding adjustable rate mortgages and
hybrid adjustable rate mortgages.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. MAKING PERMANENT CERTAIN HOME LOAN GUARANTY PROGRAMS FOR
VETERANS.
(a) Extension of Demonstration Project on Adjustable Rate
Mortgages.--Section 3707(a) of title 38, United States Code, is amended
by striking ``carry out a demonstration project under this section
during fiscal years 1993 through 2012'' and inserting ``carry out a
program''.
(b) Extension of Demonstration Project on Hybrid Adjustable Rate
Mortgages.--Section 3707A(a) of such title is amended by striking
``carry out a demonstration project under this section during fiscal
years 2004 through 2012'' and inserting ``carry out a program''.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Veterans' Affairs.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by Voice Vote.
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