Summary: H.R.4775 — 99th Congress (1985-1986)All Information (Except Text)

There is one summary for H.R.4775. Bill summaries are authored by CRS.

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Introduced in House (05/07/1986)

Amends Federal law relating to veterans' home loans to exempt such loans from any spending reduction order issued under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) or any other such legislation.

Revises provisions concerning the definition and treatment of certain administrative expenses in connection with the Veterans' Administration Loan Guaranty Revolving Fund.