PlainBillCongress, translated.Legislation. Context. Public interest.Committee on Veterans' Affairs. Hearings held. Hearings printed: S.Hrg. 108-874.
Congressional Research Service
Version 00 · Introduced in Senate · Jun 15, 2004
Amends Federal veterans' benefits law to revise the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, specifically the guaranty of any loan of more than $144,000. Replaces the current formula of the lesser of $60,000 or 25 percent of the loan with the lesser of a certain maximum guaranty amount or 25 percent of the loan.
Defines maximum guaranty amount as the dollar amount equal to 25 percent of the Federal Home Loan Mortgage Corporation (Freddie Mac) conforming loan limit limitation determined under the Federal Home Loan Mortgage Corporation Act for a single-family residence, as adjusted for the year involved.
People & committees
Sen. Corzine, Jon S. [D-NJ] · D–NJ
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Committee on Veterans' Affairs. Hearings held. Hearings printed: S.Hrg. 108-874.
Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S6807)
Sponsor introductory remarks on measure. (CR S6807)
Introduced in Senate
Primary sources
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Source last updated: May 29, 2026. Consult Congress.gov for the current record.
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