A bill to amend title 38, United States Code, to consolidate the accounts used to fund the housing loan programs for veterans, and for other purposes.

Summary

Repeals Federal veterans' provisions which provide for the operation of the Direct Loan Revolving Fund (DLRF), the Loan Guaranty Revolving Fund (LGRF), and the Guaranty and Indemnity Fund (GIF). Establishes in the Treasury the Veterans Housing Loan Fund (Fund) to be available to the Secretary of Veterans Affairs for all veterans' housing loan program operations. Deposits into the Fund: (1) all amounts currently deposited in the DLRF, LGRF, and GIF; (2) all amounts received on or after October 1, 1992, as veterans' housing loan fees or other payments with respect to such program; and (3) all amounts received by the Secretary on or after such date incident to housing loan operations.

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Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 19 May 1992

  Open at official source

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