Summary: H.R.12699 — 94th Congress (1975-1976)All Information (Except Text)

There is one summary for H.R.12699. Bill summaries are authored by CRS.

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Introduced in House (03/22/1976)

Authorizes the Administrator of Veterans' Affairs to make expenditures to correct serious structural defects in dwellings securing loans guaranteed or insured by the Administrator if the defect is one that existed on the date of issuance of the loan and is one that a proper inspection could reasonably be expected to disclose (presently, the dwellings must have been actually inspected by either the VA or FHA during construction). (Amends 38 U.S.C. 1827(a)).