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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

- Alaska
- Child health
- Critically ill
- Economics and Public Finance
- Energy
- Energy efficiency
- Energy policy
- Families
- Federally-guaranteed loans
- Fees
- Finance and Financial Sector
- Health
- Home repair and improvement
- Housing and Community Development
- Housing finance
- Illinois
- Income
- Indian claims
- Indian lands
- Labor and Employment
- Leases
- Minorities
- Mortgage interest rates
- Mortgage loans
- Native Americans
- Nonprofit organizations
- Residential energy conservation
- Teaching hospitals
- Veterans' hospitals
- Veterans' loans
- Veterans' pensions
- Vietnam veterans
- Vietnamese Conflict

Alternate Title(s) of Bill S 1626

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

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