Veterans Benefits and Services Amendments of 1994

6/2/2021, 8:30 PM

Congressional Summary of S 1626

Veterans' Home Loan Improvement Act of 1993 - Entitles veterans who have repaid in full a previous home loan guaranteed by the Department of Veterans Affairs to another home loan, whether or not the property securing the first loan has been sold or otherwise disposed of. (Current law requires such sale, even if the loan has been repaid in full.)

Allows veterans to refinance an existing guaranteed loan in order to make energy efficiency improvements.

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Current Status of Bill S 1626

Bill S 1626 is currently in the status of Bill Introduced since November 4, 1993. Bill S 1626 was introduced during Congress 103 and was introduced to the Senate on November 4, 1993.  Bill S 1626's most recent activity was Indefinitely postponed by Senate by Unanimous Consent. as of June 8, 1994

Bipartisan Support of Bill S 1626

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
6
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1626

Primary Policy Focus

Armed Forces and National Security

Potential Impact Areas

AlaskaChild healthCritically illEconomics and Public FinanceEnergyEnergy efficiencyEnergy policyFamiliesFederally-guaranteed loansFeesFinance and Financial SectorHealthHome repair and improvementHousing and Community DevelopmentHousing financeIllinoisIncomeIndian claimsIndian landsLabor and EmploymentLeasesMinoritiesMortgage interest ratesMortgage loansNative AmericansNonprofit organizationsResidential energy conservationTeaching hospitalsVeterans' hospitalsVeterans' loansVeterans' pensionsVietnam veteransVietnamese Conflict

Alternate Title(s) of Bill S 1626

Veterans' Home Loan Improvement Act of 1993Veterans Benefits and Services Amendments of 1994Veterans Benefits and Services Amendments of 1994A bill to amend title 38, United States Code, to revise the veterans' home loan program.
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