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Bill > HR7445


US HR7445

US HR7445
To amend title 38, United States Code, to expand eligibility for home loans from the Secretary of Veterans Affairs to certain members of the reserve components of the Armed Forces.


summary

Introduced
07/01/2020
In Committee
09/16/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A BILL To amend title 38, United States Code, to expand eligibility for home loans from the Secretary of Veterans Affairs to certain members of the reserve components of the Armed Forces. 1

AI Summary

This bill aims to expand eligibility for home loans from the Secretary of Veterans Affairs to certain members of the reserve components of the Armed Forces. Specifically, it would extend the definition of "veteran" for the purposes of home loans to include individuals who performed at least 90 cumulative days of active service, including 30 consecutive days. The bill also includes a conforming amendment to add these newly eligible individuals to the list of those who can obtain VA home loans.

Committee Categories

Business and Industry, Military Affairs and Security

Sponsors (7)

Last Action

Referred to the Subcommittee on Economic Opportunity. (on 09/16/2020)

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