To amend title 36, United States Code, to grant a Federal charter to the Veterans Association of Real Estate Professionals.

1/24/2024, 9:45 PM

Summary of Bill HR 3240

Bill 118 hr 3240, also known as the Veterans Association of Real Estate Professionals Federal Charter Act, aims to amend title 36 of the United States Code to grant a Federal charter to the Veterans Association of Real Estate Professionals (VAREP).

The purpose of this bill is to officially recognize VAREP as a national organization dedicated to supporting and advocating for veterans in the real estate industry. By granting VAREP a Federal charter, the organization will receive formal recognition and support from the government, which will help them in their mission to provide resources, education, and opportunities for veterans seeking careers in real estate.

The bill does not propose any major changes to existing laws or regulations, but rather seeks to acknowledge the important work that VAREP does in assisting veterans in the real estate sector. By granting them a Federal charter, VAREP will be able to further expand their reach and impact, ultimately benefiting more veterans across the country. Overall, Bill 118 hr 3240 is a non-controversial piece of legislation that aims to support and empower veterans in the real estate industry through the recognition and formalization of the Veterans Association of Real Estate Professionals.

Congressional Summary of HR 3240

This bill grants a federal charter to the Veterans Association of Real Estate Professionals, which is a nonprofit organization that provides housing counseling to veterans and active members of the Armed Forces.

Current Status of Bill HR 3240

Bill HR 3240 is currently in the status of Bill Introduced since May 11, 2023. Bill HR 3240 was introduced during Congress 118 and was introduced to the House on May 11, 2023.  Bill HR 3240's most recent activity was Referred to the House Committee on the Judiciary. as of May 11, 2023

Bipartisan Support of Bill HR 3240

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
48
Democrat Cosponsors
38
Republican Cosponsors
10
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3240

Primary Policy Focus

Armed Forces and National Security

Alternate Title(s) of Bill HR 3240

To amend title 36, United States Code, to grant a Federal charter to the Veterans Association of Real Estate Professionals.To amend title 36, United States Code, to grant a Federal charter to the Veterans Association of Real Estate Professionals.
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