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H.R.3039 / 105th Congress

Veterans Transitional Housing Opportunities Act of 1998

See H.R.4110.

Official summary

Version 00 · Introduced in House · Nov 13, 1997

Veterans Transitional Housing Opportunities Act of 1997 - Authorizes the Secretary of Veterans Affairs to guarantee the full or partial repayment of loans for the provision of multifamily transitional housing (MTH) for homeless veterans. Sets a maximum of 15 of such loans, a maximum loan guarantee amount of $100 million, and a loan guarantee period of three years. Outlines provisions concerning: (1) loan requirements; (2) requirements for veterans being provided MTH assistance; and (3) loan default procedures. Establishes the Multifamily Transitional Housing Guarantee Fund for the deposit and receipt of funds for the payment of such loan guarantees. Requires each MTH project to be audited during its first three years of operation. Authorizes the Secretary of the Treasury to invest the National Service Life Insurance Fund in certain securities and specifies the use of the proceeds.

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Who introduced it

Rep. Stump, Bob [R-AZ-3] · R–AZ

Committees

  • Veterans' Affairs Committee
  • Veterans' Affairs Committee
12 cosponsorship records, including any withdrawals

Actions

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  1. See H.R.4110.

  2. Received in the Senate and read twice and referred to the Committee on Veterans Affairs.

  3. Motion to reconsider laid on the table Agreed to without objection.

  4. On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 1 (Roll No. 162).

    House roll call 162 · Individual votes
  5. Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 1 (Roll No. 162).

    House roll call 162 · Individual votes
  6. Considered as unfinished business. (consideration: CR H3461)

  7. At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 5, rule I, the Chair announced that further proceedings on the motion would be postponed.

  8. DEBATE - The House proceeded with forty minutes of debate.

  9. Considered under suspension of the rules. (consideration: CR H3392-3395)

  10. Mr. Stump moved to suspend the rules and pass the bill, as amended.

  11. Placed on the Union Calendar, Calendar No. 255.

  12. Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 105-447.

  13. Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 105-447.

  14. Ordered to be Reported (Amended) by Voice Vote.

  15. Committee Consideration and Mark-up Session Held.

  16. Forwarded by Subcommittee to Full Committee by Voice Vote.

  17. Subcommittee Consideration and Mark-up Session Held.

  18. Subcommittee Hearings Held.

  19. Subcommittee Hearings Held.

  20. Referred to the Subcommittee on Benefits.

  21. Referred to the House Committee on Veterans' Affairs.

  22. Introduced in House

  23. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

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Objective

Analyze H.R.3039 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

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Institutions and government scope

Conservative lens

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Individual rights and government power

Liberty lens

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