Bill
Bill > S4656
US S4656
US S4656A bill to amend title 38, United States Code, to provide for a reduction in certain loan fees for certain veterans affected by major disasters.
summary
Introduced
09/22/2020
09/22/2020
In Committee
09/22/2020
09/22/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A BILL To amend title 38, United States Code, to provide for a reduction in certain loan fees for certain veterans affected by major disasters. 1
AI Summary
This bill amends Title 38 of the United States Code to provide a reduction in certain loan fees for veterans whose homes were substantially damaged or destroyed by a major disaster declared by the President under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. Specifically, the bill defines an "initial loan" to include the next loan guaranteed or made to such veterans, as long as it is for repairs or construction and obtained within three years of the disaster. This would allow these veterans to be treated as first-time borrowers for the purposes of loan fees, even if they had previously obtained a VA loan.
Committee Categories
Military Affairs and Security
Sponsors (1)
Last Action
Read twice and referred to the Committee on Veterans' Affairs. (Sponsor introductory remarks on measure: CR S5791) (on 09/22/2020)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/4656/all-info |
| BillText | https://www.congress.gov/116/bills/s4656/BILLS-116s4656is.pdf |
| Bill | https://www.congress.gov/116/bills/s4656/BILLS-116s4656is.pdf.pdf |
Loading...