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VALID Act of 2025

6/18/2025, 2:16 PM

Summary of Bill S 1932

This bill, designated as S. 1932 in the 119th Congress and introduced on June 3, 2025, aims to amend the National Housing Act and the Housing and Community Development Act of 1992 to incorporate details about VA home loans into the Informed Consumer Choice Disclosure mandated for prospective FHA borrowers. Additionally, it proposes the inclusion of a military service question on the Uniform Residential Loan Application.

Current Status of Bill S 1932

Bill S 1932 is currently in the status of Bill Introduced since June 3, 2025. Bill S 1932 was introduced during Congress 119 and was introduced to the Senate on June 3, 2025.  Bill S 1932's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of June 3, 2025

Bipartisan Support of Bill S 1932

Total Number of Sponsors
3
Democrat Sponsors
3
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1932

Primary Policy Focus

Housing and Community Development

Alternate Title(s) of Bill S 1932

A bill to amend the National Housing Act and the Housing and Community Development Act of 1992 to include information regarding VA home loans in the Informed Consumer Choice Disclosure required to be provided to prospective FHA borrowers and to require a military service question on the Uniform Residential Loan Application, and for other purposes.
A bill to amend the National Housing Act and the Housing and Community Development Act of 1992 to include information regarding VA home loans in the Informed Consumer Choice Disclosure required to be provided to prospective FHA borrowers and to require a military service question on the Uniform Residential Loan Application, and for other purposes.

Comments

Leland Rollins profile image

Leland Rollins

753

8 months ago

I can't believe this bill is actually happening. It's going to have such a huge impact on all of us. I just don't see how it's going to benefit anyone in the long run. It's frustrating to see our government making decisions like this without considering the consequences. It's definitely going to make things more difficult for me and my family.

Francisco Foley profile image

Francisco Foley

676

8 months ago

This new bill, it's a disaster! It's gonna mess everything up for us hardworking folks. I can't believe they're trying to push this through. It's gonna hurt our wallets and our freedoms. We need to stand up and fight against it! Did you know that this bill also includes provisions for mandatory vaccinations for all citizens over the age of 65? It's outrageous!