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Bill > S5200


US S5200

US S5200
Expanding Home Loans for Guard and Reservists Act


summary

Introduced
12/07/2022
In Committee
12/07/2022
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A bill to amend title 38, United States Code, to expand eligibility of members of the National Guard for housing loans guaranteed by the Secretary of Veterans Affairs.

AI Summary

This bill aims to expand the eligibility of members of the National Guard for housing loans guaranteed by the Secretary of Veterans Affairs. Specifically, it would amend Section 3701(b)(7) of Title 38 of the United States Code to replace the term "full-time National Guard duty" with "active service," thereby broadening the group of National Guard members who can access these VA-guaranteed home loans. The bill also includes a provision to determine the budgetary effects of the legislation in compliance with the Statutory Pay-As-You-Go Act of 2010.

Committee Categories

Military Affairs and Security

Sponsors (1)

Last Action

Read twice and referred to the Committee on Veterans' Affairs. (on 12/07/2022)

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