Native American Veterans' Home Loan Equity Act of 1992

referredUnited States· United States Congress· EN

Introduced

2 April 1992

Last action

22 September 1992 · Introduced

Status

Referred to the House Committee on Veterans' Affairs.

Summary

Native American Veterans' Home Loan Equity Act of 1992 - Directs the Secretary of Veterans Affairs to establish and implement a pilot program under which the Secretary may make direct housing loans to aid Native American (Indian, Alaska or Hawaii native, or Pacific Islander) veterans in purchasing, constructing, or improving dwellings on trust land. Requires such loans to be made in a variety of geographic areas and in areas experiencing a variety of economic circumstances. Prohibits any such loans from being made after the end of FY 1997. Authorizes the Secretary to make such a direct housing loan to a Native American if: (1) the Secretary has entered into a memorandum of understanding with respect to such loans with the tribal organization having jurisdiction over such veteran; and (2) the memorandum is in effect when the loan is made. Outlines provisions to be included in each such memorandum. Prohibits entering into any such memorandum unless the Secretary determines that it provides standards and procedures necessary for the reasonable protection of the financial interests of the United States. Limits to $80,000 the principal amount of any such loan. Sets forth provisions governing loan interest rates. Directs the Secretary to: (1) establish minimum requirements for planning, construction or improvement, and general acceptability relating to any direct loan; and (2) establish credit underwriting standards to be used in evaluating such loans. Requires loans to be repaid in monthly installments. Authorizes the Secretary to: (1) make advances to provide for repairs, alterations, and improvements and to meet incidental expenses of the loan transaction; and (2) take any other actions and make any necessary determinations with respect to expenses, rules and regulations, and the use of persons, organizations, or departments or agencies to carry out his functions. Establishes in the Treasury a revolving fund to be known as the Native American Veterans Housing Loan Fund to carry out financial activities relating to the making of loans under this Act. Directs the Secretary, in carrying out the pilot program, to consider the views and recommendations of the Advisory Committee on Native-American Veterans established under the Veterans' Health-Care Amendments of 1986. Directs the Secretary to report annually in 1994 through 1998 to the Senate and House Veterans' Affairs Committees on the pilot program and recommendations for legislation regarding the program. Authorizes appropriations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

2 April 1992
Introduced
Read twice and referred to the Committee on Veterans.
Source: IntroReferral
2 April 1992
Introduced
Introduced in Senate
Source: IntroReferral
9 April 1992
Committee
Committee on Veterans. Hearings held. Hearings printed: S.Hrg. 102-827.
Source: Committee
24 June 1992
Reported
Committee on Veterans. Ordered to be reported with an amendment in the nature of a substitute favorably.
Source: Committee
12 August 1992
Calendars
Placed on Senate Legislative Calendar under General Orders. Calendar No. 641.
Source: Calendars
12 August 1992
Reported
Committee on Veterans. Reported to Senate by Senator Cranston with an amendment in the nature of a substitute. With written report No. 102-378.
Source: Committee
12 August 1992
Reported
Committee on Veterans. Reported to Senate by Senator Cranston with an amendment in the nature of a substitute. With written report No. 102-378.
Source: Committee
18 September 1992
Passed
Passed Senate with an amendment by Voice Vote.
Source: Floor
18 September 1992
Passed
Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.
Source: Floor
22 September 1992
Floor
Message on Senate action sent to the House.
Source: Floor
22 September 1992
Floor
Received in the House.
Source: Floor
22 September 1992
Introduced
Referred to the House Committee on Veterans' Affairs.
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Engrossed in Senate · — · Download file
Introduced in Senate · — · Download file
Referred in House · — · Download file
Reported to Senate · — · Download file

Documents

6 official files

Reported to Senate (text)

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Reported to Senate (text)
Reported to Senate · EN
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Referred in House (text)
Referred in House · EN
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Introduced in Senate (text)
Introduced in Senate · EN
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Engrossed in Senate (text)
Engrossed in Senate · EN
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Passed Senate amended
summary · EN · 18 September 1992
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Introduced in Senate
summary · EN · 2 April 1992
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Related records

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Sources

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Official source: https://www.congress.gov/bill/102nd-congress/senate-bill/2528
Open data entity: https://api.congress.gov/v3/bill/102/s/2528
us · 102-s-2528 · source updated 14 January 2025