[Congressional Bills 103th Congress]
[From the U.S. Government Printing Office]
[S. 1626 Reported in Senate (RS)]
Calendar No. 435
103d CONGRESS
2d Session
S. 1626
[Report No. 103-267]
To amend title 38, United States Code, to revise the veterans' home
loan program.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
November 4 (legislative day, November 2), 1993
Mr. Rockefeller (for himself, Mr. DeConcini, Mr. Graham, Mr. Akaka, Mr.
Daschle, Mr. Campbell, and Mr. Wellstone) introduced the following
bill; which was read twice and referred to the Committee on Veterans'
Affairs
May 23 (legislative day, May 16), 1994
Reported by Mr. Rockefeller, with an amendment and an amendment to the
title
[Strike out all after the enacting clause and insert the part printed
in italic]
_______________________________________________________________________
A BILL
To amend title 38, United States Code, to revise the veterans' home
loan program.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
-S-E-C-T-I-O-N -1-. -S-H-O-R-T -T-I-T-L-E-.
-T-h-i-s -A-c-t -m-a-y -b-e -c-i-t-e-d -a-s -t-h-e
-`-`-V-e-t-e-r-a-n-s-' -H-o-m-e -L-o-a-n -I-m-p-r-o-v-e-m-e-n-t -A-c-t
-o-f -1-9-9-3-'-'-.
-S-E-C-. -2-. -R-E-V-I-S-I-O-N -I-N -C-O-M-P-U-T-A-T-I-O-N -O-F
-A-G-G-R-E-G-A-T-E -G-U-A-R-A-N-T-Y-.
-S-e-c-t-i-o-n -3-7-0-2-(-b-) -o-f -t-i-t-l-e -3-8-, -U-n-i-t-e-d
-S-t-a-t-e-s -C-o-d-e-, -i-s -a-m-e-n-d-e-d---
-(-1-) -b-y -s-t-r-i-k-i-n-g -o-u-t -p-a-r-a-g-r-a-p-h
-(-1-) -a-n-d -i-n-s-e-r-t-i-n-g -i-n -l-i-e-u -t-h-e-r-e-o-f
-t-h-e -f-o-l-l-o-w-i-n-g -n-e-w -p-a-r-a-g-r-a-p-h -(-1-)-:
-`-`-(-1-) -t-h-e -l-o-a-n -h-a-s -b-e-e-n -r-e-p-a-i-d
-i-n -f-u-l-l-, -o-r -t-h-e -S-e-c-r-e-t-a-r-y -h-a-s -b-e-e-n
-r-e-l-e-a-s-e-d -f-r-o-m -l-i-a-b-i-l-i-t-y -a-s -t-o -t-h-e
-l-o-a-n-, -o-r -i-f -t-h-e -S-e-c-r-e-t-a-r-y -h-a-s
-s-u-f-f-e-r-e-d -a -l-o-s-s -o-n -t-h-e -l-o-a-n-, -t-h-e
-l-o-s-s -h-a-s -b-e-e-n -p-a-i-d -i-n -f-u-l-l-; -o-r-'-'-;
-(-2-) -i-n -p-a-r-a-g-r-a-p-h -(-2-)-, -b-y
-s-t-r-i-k-i-n-g -o-u-t -`-`-; -o-r-'-' -a-n-d
-i-n-s-e-r-t-i-n-g -i-n -l-i-e-u -t-h-e-r-e-o-f -a
-p-e-r-i-o-d-; -a-n-d
-(-3-) -b-y -s-t-r-i-k-i-n-g -o-u-t -p-a-r-a-g-r-a-p-h
-(-3-) -a-n-d -a-l-l -t-h-a-t -f-o-l-l-o-w-s -t-h-r-o-u-g-h
-t-h-e -e-n-d -o-f -t-h-e -s-u-b-s-e-c-t-i-o-n-.
-S-E-C-. -3-. -A-U-T-H-O-R-I-T-Y -T-O -G-U-A-R-A-N-T-E-E -H-O-M-E
-R-E-F-I-N-A-N-C-E -L-O-A-N-S -F-O-R -E-N-E-R-G-Y
-E-F-F-I-C-I-E-N-C-Y -I-M-P-R-O-V-E-M-E-N-T-S-.
-(-a-) -L-o-a-n-s-.----(-1-) -S-e-c-t-i-o-n -3-7-1-0-(-a-) -o-f
-t-i-t-l-e -3-8-, -U-n-i-t-e-d -S-t-a-t-e-s -C-o-d-e-, -i-s
-a-m-e-n-d-e-d -b-y -a-d-d-i-n-g -a-f-t-e-r -p-a-r-a-g-r-a-p-h -(-1-0-)
-t-h-e -f-o-l-l-o-w-i-n-g-:
-`-`-(-1-1-) -T-o -r-e-f-i-n-a-n-c-e -i-n
-a-c-c-o-r-d-a-n-c-e -w-i-t-h -s-u-b-s-e-c-t-i-o-n -(-e-) -o-f
-t-h-i-s -s-e-c-t-i-o-n -a-n -e-x-i-s-t-i-n-g -l-o-a-n
-g-u-a-r-a-n-t-e-e-d-, -i-n-s-u-r-e-d-, -o-r -m-a-d-e
-u-n-d-e-r -t-h-i-s -c-h-a-p-t-e-r-, -a-n-d -t-o -i-m-p-r-o-v-e
-t-h-e -d-w-e-l-l-i-n-g -s-e-c-u-r-i-n-g -s-u-c-h -l-o-a-n
-t-h-r-o-u-g-h -e-n-e-r-g-y -e-f-f-i-c-i-e-n-c-y
-i-m-p-r-o-v-e-m-e-n-t-s-, -a-s -p-r-o-v-i-d-e-d -i-n
-s-u-b-s-e-c-t-i-o-n -(-d-) -o-f -t-h-i-s
-s-e-c-t-i-o-n-.-'-'-.
-(-2-) -S-e-c-t-i-o-n -3-7-1-0-(-e-)-(-1-) -o-f -s-u-c-h -t-i-t-l-e
-i-s -a-m-e-n-d-e-d -b-y -i-n-s-e-r-t-i-n-g -`-`-o-r
-s-u-b-s-e-c-t-i-o-n -(-a-)-(-1-1-)-'-' -a-f-t-e-r
-`-`-s-u-b-s-e-c-t-i-o-n -(-a-)-(-8-)-'-'-.
-(-b-) -F-e-e-.----S-e-c-t-i-o-n -3-7-2-9-(-a-)-(-2-)-(-E-) -o-f
-s-u-c-h -t-i-t-l-e -i-s -a-m-e-n-d-e-d -b-y -i-n-s-e-r-t-i-n-g
-`-`-3-7-1-0-(-a-)-(-1-1-)-,-'-' -a-f-t-e-r
-`-`-3-7-1-0-(-a-)-(-9-)-(-B-)-(-i-)-,-'-'-.
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Veterans Benefits and Services
Amendments of 1994''.
SEC. 2. REVISION IN COMPUTATION OF AGGREGATE GUARANTY FOR HOME LOANS.
Section 3702(b) of title 38, United States Code, is amended--
(1) by striking out paragraph (1) and inserting in lieu
thereof the following new paragraph (1):
``(1) the loan has been repaid in full, or the Secretary
has been released from liability as to the loan, or if the
Secretary has suffered a loss on the loan, the loss has been
paid in full; or'';
(2) in paragraph (2), by striking out ``; or'' and
inserting in lieu thereof a period; and
(3) by striking out paragraph (3).
SEC. 3. AUTHORITY TO GUARANTEE HOME REFINANCE LOANS FOR ENERGY
EFFICIENCY IMPROVEMENTS.
(a) Loans.--Section 3710(a) of title 38, United States Code, is
amended by adding after paragraph (10) the following:
``(11) To refinance in accordance with subsection (e) of
this section an existing loan guaranteed, insured, or made
under this chapter, and to improve the dwelling securing such
loan through energy efficiency improvements, as provided in
subsection (d) of this section.''.
(b) Amount of Guaranty.--Section 3710(e)(1) of such title is
amended--
(1) in the matter above subparagraph (A), by inserting ``or
subsection (a)(11)'' after ``subsection (a)(8)''; and
(2) by amending subparagraph (C) to read as follows:
``(C) the amount of the loan may not exceed--
``(i) an amount equal to the sum of the balance of
the loan being refinanced and such closing costs
(including any discount permitted pursuant to section
3703(c)(3)(A) of this title) as may be authorized by
the Secretary, under regulations which the Secretary
shall prescribe, to be included in such loan; or
``(ii) in the case of a loan for a purpose
specified in such subsection (a)(11), an amount equal
to the sum of the amount referred to with respect to
the loan under clause (i) of this subparagraph and the
amount specified under subsection (d)(2) of this
section;''.
(c) Fee.--Section 3729(a)(2)(E) of such title is amended by
inserting ``3710(a)(11),'' after ``3710(a)(9)(B)(i),''.
SEC. 4. EXPANSION OF PERIOD OF VIETNAM ERA FOR CERTAIN VETERANS.
(a) Expansion of Era.--Section 101(29) of title 38, United States
Code, is amended to read as follows:
``(29) The term `Vietnam era' means--
``(A) the period beginning February 28, 1961, and ending on
May 7, 1975, in the case of a veteran who served in the
Republic of Vietnam during such period; and
``(B) the period beginning August 5, 1964, and ending on
May 7, 1975, in all other cases.''.
(b) Effective Date.--The amendment made by subsection (a) shall
take effect on October 1, 1994. No person shall be entitled to receive
by reason of the amendment made by subsection (a) any benefits for any
period before such date.
SEC. 5. EXCLUSION OF CERTAIN PAYMENTS TO ALASKA NATIVES FROM
DETERMINATION OF ANNUAL INCOME FOR PURPOSES OF
ELIGIBILITY FOR PENSION.
Section 1503(a) of title 38, United States Code, is amended--
(1) by striking out ``and'' at the end of paragraph (9);
(2) by striking out the period at the end of paragraph
(10)(B) and inserting in lieu thereof ``; and''; and
(3) by adding at the end the following new paragraph:
``(11) cash, stock, land, or other interest referred to in
subparagraphs (A) through (E) below paragraph (3) of section
29(c) of the Alaska Native Claims Settlement Act (43 U.S.C.
1626(c)), whether attributable to the disposition of real
property, profits from the operation of real property, or
otherwise, that is received from a Native Corporation under
such Act (43 U.S.C. 1601 et seq.).''.
SEC. 6. AUTHORITY TO ENTER INTO AGREEMENT FOR USE OF PROPERTY AT EDWARD
HINES, JR., DEPARTMENT OF VETERANS AFFAIRS MEDICAL
CENTER.
(a) In General.--The Secretary of Veterans Affairs may enter into a
long-term lease or similar agreement with the organization known as the
The Caring Place at Loyola, Inc., a not-for-profit organization
operating under the laws of the State of Illinois, to permit that
organization to establish on the grounds of the Edward Hines, Jr.,
Department of Veterans Affairs Medical Center, Hines, Illinois, a
facility to provide temporary accommodations for family members of
severely ill children who are being treated at the Loyola University of
Chicago Medical Center.
(b) Terms of Agreement.--An agreement under subsection (a)--
(1) shall ensure that there shall be no cost to the Federal
Government as a result of the property use authorized under
that subsection;
(2) may permit the use of the property without rent; and
(3) shall, to the extent practicable, ensure that one room
of the facility is available for the use of a veteran (at no
cost to the veteran) as temporary accommodations for the
veteran while the veteran's severely ill child is treated at
the Loyola University of Chicago Medical Center.
Amend the title so as to read: ``To amend title 38, United States
Code, to permit home loan guaranties for energy efficiency
improvements, to extend the period of the Vietnam era, to exclude
certain payments to Alaska natives from annual income determinations
for pension purposes, and for other purposes.''.
Calendar No. 435
103d CONGRESS
2d Session
S. 1626
[Report No. 103-267]
_______________________________________________________________________
A BILL
To amend title 38, United States Code, to revise the veterans' home
loan program.
_______________________________________________________________________
May 23 (legislative day, May 16), 1994
Reported with an amendment and an amendment to the title