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H.R.949 / 103rd Congress

To amend title 38, United States Code, to increase the amount of the loan guaranty for loans for the purchase or construction of homes.

See H.R.5244.

Official summary

Version 36 · Passed House amended · Sep 21, 1993

Increases from $46,000 to $50,750 the amount of the loan guaranty by the Department of Veterans Affairs for loans to qualifying veterans for the purchase or construction of homes. Authorizes the Secretary of Veterans Affairs to provide financial assistance to veterans for the purpose of avoiding foreclosure on a mortgage loan made and guaranteed by the Department. Provides conditions for such assistance. Allows the Secretary to make more than one loan to a veteran, but limits the per-veteran total to $10,000. Requires repayment of all such financial assistance provided. Makes a technical correction relating to the financing of discount points for certain veterans' loans. Deletes the requirement that adjustments in adjustable rate mortgages guaranteed to veterans by the Department occur on the anniversary of the date on which the loan was closed. Provides a $150 cemetery plot allowance, payable to a State or appropriate political subdivision, in the case of a veteran who is eligible for burial in a national cemetery and is buried in a cemetery used solely for the burial of persons eligible for burial in national cemeteries and owned by a State or its political subdivision. Increases the amount authorized to be paid by the Secretary to a State for establishing, expanding, or improving veterans' cemeteries owned by such State from 50 to 65 percent of the total value and cost of such construction or improvements. Extends the authorization of appropriations for such program through FY 1999. Amends the Homeless Veterans Comprehensive Service Programs Act of 1992 to delete a provision which limits grant funds provided under such Act to 65 percent of the estimated cost of expanding and improving the provision of Department benefits and services to homeless veterans.

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Who introduced it

Rep. Sangmeister, George E. [D-IL-11] · D–IL

Committees

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

Actions

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  1. See H.R.5244.

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

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

  4. The title of the measure was amended. Agreed to without objection.

  5. On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

  6. Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

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

  8. Considered under suspension of the rules. (consideration: CR H6787-6792)

  9. Mr. Montgomery moved to suspend the rules and pass the bill, as amended.

  10. Placed on the Union Calendar, Calendar No. 124.

  11. Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 103-222.

  12. Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 103-222.

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

  14. Committee Consideration and Mark-up Session Held.

  15. Forwarded by Subcommittee to Full Committee (Amended).

  16. Subcommittee Consideration and Mark-up Session Held.

  17. Subcommittee Hearings Held.

  18. Referred to the Subcommittee on Housing and Memorial Affairs.

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

  20. Introduced in House

  21. Introduced in House

Bill text & related measures

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Objective

Analyze H.R.949 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

Examine H.R.949 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

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