[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 4323 Introduced in Senate (IS)]

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118th CONGRESS
  2d Session
                                S. 4323

  To amend title 38, United States Code, to expand eligibility for a 
housing loan guaranteed by the Secretary of Veterans Affairs to certain 
          individuals who performed active duty for training.


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                   IN THE SENATE OF THE UNITED STATES

                              May 14, 2024

  Mrs. Shaheen (for herself and Mr. Cramer) introduced the following 
 bill; which was read twice and referred to the Committee on Veterans' 
                                Affairs

_______________________________________________________________________

                                 A BILL


 
  To amend title 38, United States Code, to expand eligibility for a 
housing loan guaranteed by the Secretary of Veterans Affairs to certain 
          individuals who performed active duty for training.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Expanding Home Loans for Guard and 
Reservists Act''.

SEC. 2. EXPANSION OF ELIGIBILITY FOR HOUSING LOANS GUARANTEED BY 
              SECRETARY OF VETERANS AFFAIRS.

    (a) Eligibility Expansion.--Section 3701(b) of title 38, United 
States Code, is amended by adding at the end the following new 
paragraph:
            ``(8) The term `veteran' also includes, for the purposes of 
        home loans, an individual who, for a period of not less than 90 
        consecutive days, performed active duty for training--
                    ``(A) described in subparagraph (A) or (E) of 
                paragraph (22) of section 101 of this title;
                    ``(B) other than basic training, as such term is 
                used in sections 7419, 8431, and 9419 of title 10; and
                    ``(C) on or after the day that is six years before 
                the date of the enactment of the Expanding Home Loans 
                for Guard and Reservists Act.''.
    (b) Entitlement to Housing Loan.--Section 3702(a)(2) of such title 
is amended by adding at the end the following new subparagraph:
            ``(H) Each individual described in section 3701(b)(8) of 
        this title.''.
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