To amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposes.
Latest action · Jun 24, 2004 Received in the Senate and Read twice and referred to the Committee on Veterans' Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 12, 2004
- Passed HouseJun 23, 2004
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Amends Federal veterans' benefits law to revise the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, specifically the guaranty of any loan of more than $144,000. Replaces the current formula of the lesser of $60,000 or 25 percent of the loan with the lesser of a certain maximum guaranty amount or 25 percent of the loan.
Defines maximum guaranty amount as the dollar amount equal to 25 percent of the Federal Home Loan Mortgage Corporation (Freddie Mac) conforming loan limit limitation determined under the Federal Home Loan Mortgage Corporation Act for a single-family residence, as adjusted for the year involved.
Cosponsors 5
Members who signed on, in the order they did. Signatures ran from May 12, 2004 to Jun 15, 2004; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Susan A. Davis | Original | May 12, 2004 |
| R-FL | Michael Bilirakis | May 20, 2004 | |
| R-NH | Jeb Bradley | Jun 2, 2004 | |
| R-FL | Katherine Harris | Jun 15, 2004 | |
| R-AL | Spencer Bachus | Jun 15, 2004 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Veterans' Affairs Committee | Referred May 12, 2004Markup May 19, 2004 |
| Benefits Subcommittee | Referred May 12, 2004Markup May 13, 2004Reported May 13, 2004 | |
| Senate | Veterans' Affairs Committee | Referred Jun 24, 2004 |
Actions 13
Everything that happened, newest first.
- Jun 24, 2004Received in the Senate and Read twice and referred to the Committee on Veterans' Affairs.
- Jun 23, 2004Mr. Brown (SC) moved to suspend the rules and pass the bill.
- Jun 23, 2004Considered under suspension of the rules. (consideration: CR H4818-4821)
- Jun 23, 2004DEBATE - The House proceeded with forty minutes of debate on H.R. 4345.
- Jun 23, 2004Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H4818)
- Jun 23, 2004Motion to reconsider laid on the table Agreed to without objection.
- May 19, 2004Committee Consideration and Mark-up Session Held.
- May 19, 2004Ordered to be Reported by Voice Vote.
- May 13, 2004Subcommittee Consideration and Mark-up Session Held.
- May 13, 2004Forwarded by Subcommittee to Full Committee by Voice Vote.
- May 12, 2004Introduced in House
- May 12, 2004Referred to the House Committee on Veterans' Affairs.
- May 12, 2004Referred to the Subcommittee on Benefits.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Debate and remarks H4818–H4821Text printed H4818 | Barney Frank D-MA, Ciro D. Rodriguez D-TX, Ginny Brown-Waite R-FL, Henry E. Brown, Jr. R-SC, Lane Evans D-IL, Madeleine Z. Bordallo D-GU, Maxine Waters D-CA, Michael H. Michaud D-ME, Stephanie Herseth Sandlin D-SD, Susan A. Davis D-CA | Jun 23, 2004 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Congressional Budget Office cost estimates 4
- May 25, 2004H.R. 4345, A bill to amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposes<p>Cost estimate for the bill as ordered reported by the House Committee on Veterans' Affairs on May 19, 2004</p>
- May 25, 2004H.R. 4345, A bill to amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposesCost estimate for the bill as ordered reported by the House Committee on Veterans' Affairs on May 19, 2004
- May 18, 2004H.R. 4345, A bill to amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposes<p>Cost estimate for the bill as introduced on May 12, 2004.</p>
- May 18, 2004H.R. 4345, A bill to amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposesCost estimate for the bill as introduced on May 12, 2004.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2522 | A bill to amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposes. | Identical bill | Jun 22, 2004 |
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposes.
Subjects
Assigned by the Library of Congress. Policy area: Armed Forces and National Security.
Text 3
Each version as it was printed, newest first.
- Jun 24, 2004Referred in Senate
- Jun 23, 2004Engrossed in House
- May 12, 2004Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.