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<?I50 PUBLIC LAW 116–154—AUG. 8, 2020?>


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<?I50 PUBLIC LAW 116–154—AUG. 8, 2020?>
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<?I52 PUBLIC LAW 116–154—AUG. 8, 2020?>


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<meta><dc:title>Public Law 116–154: To amend title 38, United States Code, to provide for improvements to the specially adapted housing program and educational assistance programs of the Department of Veterans Affairs, and for other purposes.</dc:title>
<dc:type>Public Law</dc:type><docNumber>154</docNumber>
<citableAs>Public Law 116–154</citableAs><citableAs>134 Stat. 690</citableAs>
<approvedDate>2020-08-08</approvedDate>
<dc:date>2020-08-08</dc:date>
<dc:publisher>United States Government Publishing Office</dc:publisher><dc:creator>National Archives and Records Administration</dc:creator><dc:creator>Office of the Federal Register</dc:creator><dc:format>text/xml</dc:format><dc:language>EN</dc:language><dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
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<preface><page display="no">?689</page><note role="coverPage"><centerRunningHead>PUBLIC LAW 116–154—AUG. 8, 2020</centerRunningHead>
<coverTitle>RYAN KULES AND PAUL BENNE SPECIALLY ADAPTIVE HOUSING IMPROVEMENT ACT<br/>OF 2019</coverTitle>
</note>
<page identifier="/us/stat/134/690">134 STAT. 690</page>
<dc:type>Public Law</dc:type><docNumber>116–154</docNumber>
<congress value="116">116th Congress</congress>
</preface>
<main>
<longTitle>
<docTitle class="centered fontsize12" style="-uslm-lc:I658005">An Act</docTitle>
<officialTitle class="indentUp0 firstIndent1 fontsize8" style="-uslm-lc:I658011">To amend title 38, United States Code, to provide for improvements to the specially adapted housing program and educational assistance programs of the Department of Veterans Affairs, and for other purposes.<sidenote><p class="centered fontsize8" id="x9b799e14-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658076"><approvedDate date="2020-08-08">Aug. 8, 2020</approvedDate></p><p class="centered fontsize8" id="x9b799e15-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658076">[<ref href="/us/bill/116/hr/3504">H.R. 3504</ref>]<?GPOvSpace 08?></p></sidenote></officialTitle>
</longTitle>
<enactingFormula style="-uslm-lc:I658120"><i>  Be it enacted by the Senate and House of Representa­tives of the United States of America in Congress assembled,</i></enactingFormula><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b799e16-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Ryan Kules and Paul Benne Specially Adaptive Housing Improvement Act of 2019.</p></sidenote>
<section id="d230773e101" identifier="/us/pl/116/154/s1" style="-uslm-lc:I658146"><num class="bold" value="1">SECTION 1. </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b799e17-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180"><ref href="/us/usc/t38/s101">38 USC 101 note</ref>.</p></sidenote><heading>SHORT TITLE.</heading><content style="-uslm-lc:I658120">  This Act may be cited as the “<shortTitle role="act">Ryan Kules and Paul Benne Specially Adaptive Housing Improvement Act of 2019</shortTitle>”.</content></section>
<section id="d230773e116" identifier="/us/pl/116/154/s2" role="instruction" style="-uslm-lc:I658141"><num class="fontsize12" value="2">SEC. 2. </num><heading>AUTHORITY OF SECRETARY OF VETERANS AFFAIRS TO ASSIST BLIND VETERANS WHO HAVE NOT LOST USE OF A LEG IN ACQUIRING SPECIALLY ADAPTED HOUSING.</heading><chapeau class="indentUp0 firstIndent0 fontsize10" id="x9b79ec38-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120">  <ref href="/us/usc/t38/s2101">Section 2101 of title 38, United States Code</ref>, <amendingAction type="amend">is amended</amendingAction>—</chapeau><paragraph class="fontsize10" id="y9b79ec39-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s2/1" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="1">(1) </num><chapeau>in subsection (a)(2)—</chapeau><subparagraph class="fontsize10" id="y9b79ec3a-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s2/1/A" style="-uslm-lc:I658124"><num class="fontsize10" style="-uslm-lc:emspace2" value="A">(A) </num><content>in subparagraph (A)(i), by <amendingAction type="delete">striking</amendingAction> “<quotedText>permanent and total</quotedText>”; and</content></subparagraph>
<subparagraph class="fontsize10" id="y9b79ec3b-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s2/1/B" style="-uslm-lc:I658124"><num class="fontsize10" style="-uslm-lc:emspace2" value="B">(B) </num><chapeau>in subparagraph (B),</chapeau><clause class="fontsize10" id="y9b79ec3c-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s2/1/B/i" style="-uslm-lc:I658126"><num class="fontsize10" style="-uslm-lc:emspace2" value="i">(i) </num><content>in clauses (i), (iii), (iv), and (v), by <amendingAction type="insert">inserting</amendingAction> “<quotedText>permanent and total</quotedText>” before “<quotedText>disability</quotedText>”; and</content></clause>
<clause class="fontsize10" id="y9b79ec3d-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s2/1/B/ii" style="-uslm-lc:I658126"><num class="fontsize10" style="-uslm-lc:emspace2" value="ii">(ii) </num><chapeau>in clause (ii)—</chapeau><subclause class="fontsize10" id="y9b79ec3e-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s2/1/B/ii/I" style="-uslm-lc:I658128"><num class="fontsize10" style="-uslm-lc:emspace2" value="I">(I) </num><content>by <amendingAction type="insert">inserting</amendingAction> “<quotedText>permanent</quotedText>” before “<quotedText>disability</quotedText>”;</content></subclause>
<subclause class="fontsize10" id="y9b79ec3f-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s2/1/B/ii/II" style="-uslm-lc:I658128"><num class="fontsize10" style="-uslm-lc:emspace2" value="II">(II) </num><content>by <amendingAction type="delete">striking</amendingAction> “<quotedText>due to—</quotedText>” and <amendingAction type="insert">inserting</amendingAction> “<quotedText>due to blindness in both eyes, having central visual acuity of 20/200 or less in the better eye with the use of a standard correcting lens. For the purposes of this clause, an eye with a limitation in the fields of vision such that the widest diameter of the visual field subtends an angle no greater than 20 degrees shall be considered as having a central visual acuity of 20/200 or less.</quotedText>”; and</content></subclause>
<subclause class="fontsize10" id="y9b79ec40-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s2/1/B/ii/III" style="-uslm-lc:I658128"><num class="fontsize10" style="-uslm-lc:emspace2" value="III">(III) </num><content>by <amendingAction type="delete">striking</amendingAction> subclauses (I) and (II); and</content></subclause>
</clause>
</subparagraph>
</paragraph>
<paragraph class="fontsize10" id="y9b79ec41-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s2/2" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="2">(2) </num><chapeau>in subsection (b)(2)—</chapeau><subparagraph class="fontsize10" id="y9b79ec42-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s2/2/A" style="-uslm-lc:I658124"><num class="fontsize10" style="-uslm-lc:emspace2" value="A">(A) </num><content>by <amendingAction type="delete">striking</amendingAction> subparagraph (A); and</content></subparagraph>
<subparagraph class="fontsize10" id="y9b79ec43-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s2/2/B" style="-uslm-lc:I658124"><num class="fontsize10" style="-uslm-lc:emspace2" value="B">(B) </num><content>by <amendingAction type="redesignate">redesignating</amendingAction> subparagraphs (B) and (C) as subparagraphs (A) and (B), respectively.</content></subparagraph>
</paragraph>
</section>
<section id="d230773e215" identifier="/us/pl/116/154/s3" style="-uslm-lc:I658141"><num class="fontsize12" value="3">SEC. 3. </num><heading>INCREASE IN AMOUNTS OF SPECIALLY ADAPTED HOUSING ASSISTANCE PROVIDED BY DEPARTMENT OF VETERANS AFFAIRS.</heading><subsection class="firstIndent0 fontsize10" id="y9b7a3a64-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s3/a" role="instruction" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="a">(a) </num><heading class="fontsize10"><inline class="smallCaps">Increase of Number of Grants Per Veteran</inline>.—</heading><chapeau>Section 2102(d)(3) of such title <amendingAction type="amend">is amended</amendingAction>—<page identifier="/us/stat/134/691">134 STAT. 691</page></chapeau><paragraph class="fontsize10" id="y9b7a3a65-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s3/a/1" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="1">(1) </num><content>by <amendingAction type="delete">striking</amendingAction> “<quotedText>No veteran</quotedText>” and <amendingAction type="insert">inserting</amendingAction> “<quotedText>Subject to subsection (f), no veteran</quotedText>”; and</content></paragraph>
<paragraph class="fontsize10" id="y9b7a3a66-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s3/a/2" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="2">(2) </num><content>by <amendingAction type="delete">striking</amendingAction> “<quotedText>three</quotedText>” and <amendingAction type="insert">inserting</amendingAction> “<quotedText>six</quotedText>”.</content></paragraph>
</subsection>
<subsection class="firstIndent0 fontsize10" id="y9b7a3a67-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s3/b" role="instruction" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="b">(b) </num><heading class="fontsize10"><inline class="smallCaps">Increase in Number of Applications Authorized To Be Approved</inline>.—</heading><content>Section 2101(a)(4) of such title <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="delete">striking</amendingAction> “<quotedText>30 applications</quotedText>” and <amendingAction type="insert">inserting</amendingAction> “<quotedText>120 applications</quotedText>”.</content></subsection>
<subsection class="firstIndent0 fontsize10" id="y9b7a3a68-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s3/c" role="instruction" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="c">(c) </num><heading class="fontsize10"><inline class="smallCaps">Increase in Maximum Amount of Assistance for Adaptation to Veteran’s Residence</inline>.—</heading><content>Section 2102(b)(2) of such title <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="delete">striking</amendingAction> “<quotedText>$12,000</quotedText>” and <amendingAction type="insert">inserting</amendingAction> “<quotedText>$19,733</quotedText>”.</content></subsection>
<subsection class="firstIndent0 fontsize10" id="y9b7a3a69-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s3/d" role="instruction" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="d">(d) </num><heading class="fontsize10"><inline class="smallCaps">Increase in Aggregate Amount of Assistance for Acquisition of Housing With Special Features</inline>.—</heading><content>Section 2102(d)(1) of such title <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="delete">striking</amendingAction> “<quotedText>$63,780</quotedText>” and <amendingAction type="insert">inserting</amendingAction> “<quotedText>$98,492</quotedText>”.</content></subsection>
<subsection class="firstIndent0 fontsize10" id="y9b7a3a6a-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s3/e" role="instruction" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="e">(e) </num><heading class="fontsize10"><inline class="smallCaps">Increase in Aggregate Amount of Assistance for Adaptations to Veterans’ Residences</inline>.—</heading><content>Section 2102(d)(2) of such title <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="delete">striking</amendingAction> “<quotedText>$12,756</quotedText>” and <amendingAction type="insert">inserting</amendingAction> “<quotedText>$19,733</quotedText>”.</content></subsection>
<subsection class="firstIndent0 fontsize10" id="y9b7a3a6b-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s3/f" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="f">(f) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7a3a6c-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180"><ref href="/us/usc/t38/s2101">38 USC 2101 note</ref>.</p></sidenote><heading class="fontsize10"><inline class="smallCaps">Effective Date and Application</inline>.—</heading><content>The amendments made by this section shall take effect on October 1, 2020.</content></subsection>
</section>
<section id="d230773e351" identifier="/us/pl/116/154/s4" role="instruction" style="-uslm-lc:I658141"><num class="fontsize12" value="4">SEC. 4. </num><heading>PROVISION OF ADDITIONAL AMOUNTS OF SPECIALLY ADAPTED HOUSING ASSISTANCE FOR CERTAIN VETERANS.</heading><content class="firstIndent0 fontsize10" id="x9b7a617d-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120">  Section 2102 of such title, as amended by section 3, is further amended by <amendingAction type="add">adding</amendingAction> at the end the following new subsection:<quotedContent><subsection class="firstIndent0 fontsize10" id="y9b7a888e-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="f">“(f)</num><paragraph class="inline" id="y9b7a888f-e828-11f0-bc57-ad3ac4b1618c"><num value="1">(1) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7a8890-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Effective date.</p></sidenote><content>Beginning October 1, 2030, notwithstanding the aggregate amounts specified in subsection (d), a covered veteran may apply for and receive an additional amount of assistance under subsection (a) or (b) of section 2101 of this title in an amount that does not exceed half of the amount specified in subsection (d).</content></paragraph>
<paragraph class="indentUp0 firstIndent0 fontsize10" id="y9b7a8891-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="2">“(2) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7a8892-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Definition.</p></sidenote><chapeau>In this subsection, a covered veteran is a veteran who—</chapeau><subparagraph class="fontsize10" id="y9b7a8893-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="A">“(A) </num><content>is described in subsection (a)(2) or (b)(2) of section 2101 of this title;</content></subparagraph>
<subparagraph class="fontsize10" id="y9b7a8894-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="B">“(B) </num><content>as of the date of the veteran’s application for assistance under paragraph (1), most recently received assistance under this chapter more than 10 years before such date; and</content></subparagraph>
<subparagraph class="fontsize10" id="y9b7a8895-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="C">“(C) </num><content>lives in a home that the Secretary determines does not have adaptations that are reasonably necessary because of the veteran’s disability.”</content></subparagraph>
</paragraph>
</subsection>
</quotedContent>.</content></section>
<section id="d230773e399" identifier="/us/pl/116/154/s5" style="-uslm-lc:I658141"><num class="fontsize12" value="5">SEC. 5. </num><heading>TREATMENT OF CERTAIN PREPARATORY COURSES AS PROGRAMS OF EDUCATION FOR PURPOSES OF DEPARTMENT OF VETERANS AFFAIRS EDUCATIONAL ASSISTANCE PROGRAMS.</heading><subsection class="firstIndent0 fontsize10" id="y9b7ad6b6-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s5/a" role="instruction" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="a">(a) </num><heading class="fontsize10"><inline class="smallCaps">In General</inline>.—</heading><content><ref href="/us/usc/t38/ch33">Chapter 33 of title 38, United States Code</ref>, <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="insert">inserting</amendingAction> after section 3315A the following new section:<quotedContent><section class="centered fontsize12" id="y9b7b24d7-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658165"><num class="fontsize12" value="3315B">“§ 3315B.</num><heading class="fontsize12"><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7b24d8-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180"><ref href="/us/usc/t38/s3315B">38 USC 3315B</ref>.</p></sidenote> Preparatory courses for licensure, certification, or national tests</heading><subsection class="firstIndent0 fontsize10" id="y9b7b24d9-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="a">“(a) </num><heading class="fontsize10"><inline class="smallCaps">In General</inline>.—</heading><content>An individual entitled to educational assistance under this chapter shall also be entitled to payment for a covered preparatory course.</content></subsection>
<subsection class="firstIndent0 fontsize10" id="y9b7b24da-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="b">“(b) </num><heading class="fontsize10"><inline class="smallCaps">Amount</inline>.—</heading><chapeau>The amount of educational assistance payable under this chapter for a covered preparatory course is the lesser of—</chapeau><paragraph class="fontsize10" id="y9b7b24db-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="1">“(1) </num><content>the fee charged for the covered preparatory course; or<page identifier="/us/stat/134/692">134 STAT. 692</page></content></paragraph>
<paragraph class="fontsize10" id="y9b7b24dc-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="2">“(2) </num><content>the amount of entitlement available to the individual under this chapter at the time of payment for the covered preparatory course under this section.</content></paragraph>
</subsection>
<subsection class="firstIndent0 fontsize10" id="y9b7b24dd-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="c">“(c) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7b24de-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Time periods.</p></sidenote><heading class="fontsize10"><inline class="smallCaps">Charge Against Entitlement</inline>.—</heading><chapeau>The number of months of entitlement charged an individual under this chapter for a covered preparatory course shall be pro-rated based on the actual amount of the fee charged for the covered preparatory course relative to the rate for 1 month payable—</chapeau><paragraph class="fontsize10" id="y9b7b24df-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="1">“(1) </num><content>for the academic year beginning on August 1, 2020, $2,042; or</content></paragraph>
<paragraph class="fontsize10" id="y9b7b24e0-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="2">“(2) </num><content>for an academic year beginning on any subsequent August 1, the amount for the previous academic year beginning on August 1 under this subsection, as increased by the percentage increase equal to the most recent percentage increase determined under section 3015(h).</content></paragraph>
</subsection>
<subsection class="firstIndent0 fontsize10" id="y9b7b24e1-e828-11f0-bc57-ad3ac4b1618c" role="definitions" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="d">“(d) </num><heading class="fontsize10"><inline class="smallCaps">Covered Preparatory Course Defined</inline>.—</heading><chapeau>In this section, the term ‘<term>covered preparatory course</term>’ means a course—</chapeau><paragraph class="fontsize10" id="y9b7b24e2-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="1">“(1) </num><content>for a licensing or certification test that is required or used to enter into, maintain, or advance in employment in a predetermined and identified vocation or profession; and</content></paragraph>
<paragraph class="fontsize10" id="y9b7b24e3-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="2">“(2) </num><content>that has been approved by the State approving agency concerned.”</content></paragraph>
</subsection>
</section>
</quotedContent>.</content></subsection>
<subsection class="firstIndent0 fontsize10" id="y9b7b24e4-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s5/b" role="instruction" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="b">(b) </num><heading class="fontsize10"><inline class="smallCaps">Clerical Amendment</inline>.—</heading><content>The table of sections at the beginning of such chapter<sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7b24e5-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180"><ref href="/us/usc/t38/s3301">38 USC 3301</ref> prec.</p></sidenote> <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="insert">inserting</amendingAction> after the item relating to section 3315A the following new item:<quotedContent><?GPOvSpace 04?>
<toc>
<referenceItem role="section" style="-uslm-lc:I658242">
<designator>“3315B. </designator>
<label>Preparatory courses for licensure, certification, or national tests.”.<?GPOvSpace 04?></label>
</referenceItem></toc>
</quotedContent></content></subsection>
<subsection class="firstIndent0 fontsize10" id="y9b7b24e6-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s5/c" role="instruction" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="c">(c) </num><heading class="fontsize10"><inline class="smallCaps">Conforming Amendments</inline>.—</heading><chapeau><ref href="/us/usc/t38/s3532/g">Section 3532(g) of title 38, United States Code</ref>, <amendingAction type="amend">is amended</amendingAction>—</chapeau><paragraph class="fontsize10" id="y9b7b24e7-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s5/c/1" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="1">(1) </num><content>in paragraph (1), by <amendingAction type="insert">inserting</amendingAction> “<quotedText>or a covered preparatory course (as that term is defined in section 3315B(a) of this title)</quotedText>” after “<quotedText>or national test providing an opportunity for course credit at institutions of higher learning described in section 3501(a)(5) of this title</quotedText>”; and</content></paragraph>
<paragraph class="fontsize10" id="y9b7b24e8-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s5/c/2" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="2">(2) </num><content>in paragraphs (2) and (3), by <amendingAction type="insert">inserting</amendingAction> “<quotedText>or covered preparatory course</quotedText>” after “<quotedText>test</quotedText>” each place it appears.</content></paragraph>
</subsection>
<subsection class="firstIndent0 fontsize10" id="y9b7b24e9-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s5/d" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="d">(d) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7b24ea-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180"><ref href="/us/usc/t38/s3315B">38 USC 3315B note</ref>.</p></sidenote><heading class="fontsize10"><inline class="smallCaps">Effective Date</inline>.—</heading><content>The amendment made by subsection (a) shall take effect on August 1, 2021.</content></subsection>
</section>
<section id="d230773e589" identifier="/us/pl/116/154/s6" style="-uslm-lc:I658141"><num class="fontsize12" value="6">SEC. 6. </num><heading>IMPROVEMENT TO WORK-STUDY ALLOWANCE PROGRAM.</heading><subsection class="firstIndent0 fontsize10" id="y9b7b9a1b-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s6/a" role="instruction" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="a">(a) </num><heading class="fontsize10"><inline class="smallCaps">Payment of Allowance</inline>.—</heading><chapeau>Subsection (a) of <ref href="/us/usc/t38/s3485">section 3485 of title 38, United States Code</ref>, <amendingAction type="amend">is amended</amendingAction>—</chapeau><paragraph class="fontsize10" id="y9b7b9a1c-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s6/a/1" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="1">(1) </num><content>in paragraph (1), by <amendingAction type="delete">striking</amendingAction> “<quotedText>Individuals</quotedText>” and <amendingAction type="insert">inserting</amendingAction> “<quotedText>In accordance with paragraph (4), individuals</quotedText>”;</content></paragraph>
<paragraph class="fontsize10" id="y9b7b9a1d-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s6/a/2" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="2">(2) </num><content>by <amendingAction type="redesignate">redesignating</amendingAction> paragraphs (4), (5), and (6) as paragraphs (5), (6), and (7), respectively; and</content></paragraph>
<paragraph class="fontsize10" id="y9b7b9a1e-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s6/a/3" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="3">(3) </num><content>by <amendingAction type="insert">inserting</amendingAction> after paragraph (3) the following new paragraph:<quotedContent><paragraph class="indentDown1 firstIndent0 fontsize10" id="y9b7c365f-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="4">“(4)</num><subparagraph class="inline" id="y9b7c3660-e828-11f0-bc57-ad3ac4b1618c"><num value="A">(A) </num><content>With respect to covered work-study activities, the Secretary shall carry out this section by providing to participating educational institutions an annual amount for the institution to use in paying work-study allowance under paragraph (1) to individuals enrolled at the institution.</content></subparagraph>
<subparagraph class="indentUp0 firstIndent0 fontsize10" id="y9b7c3661-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="B">“(B) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7c3662-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Time periods.</p><p class="leftAlign firstIndent0 fontsize8" id="x9b7c3663-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Determination.</p></sidenote><chapeau>With respect to a participating educational institution that participated in the work-study program under this section during the academic year beginning August 1, 2018, the Secretary shall <page identifier="/us/stat/134/693">134 STAT. 693</page>
determine the annual amount to provide to the educational institution under subparagraph (A) as follows:</chapeau><clause class="fontsize10" id="y9b7c3664-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="i">“(i) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7c3665-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Consultation.</p></sidenote><content>For the academic year beginning August 1, 2020, the amount shall be the total amount, determined in consultation with the educational institution, that the Secretary paid under this section for covered work-study activities to individuals enrolled at such educational institution during the academic year beginning August 1, 2018.</content></clause>
<clause class="fontsize10" id="y9b7c3666-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="ii">“(ii) </num><content>Except as provided by clauses (ii) or (iii) of subparagraph (D), for each academic year beginning on or after August 1, 2021, the amount shall be the total amount the educational institution paid under this section for work-study allowance for covered work-study activities to individuals enrolled at such educational institution during the previous academic year in which individuals participated in the work-study program.</content></clause>
</subparagraph>
<subparagraph class="indentUp0 firstIndent0 fontsize10" id="y9b7c3667-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="C">“(C) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7c3668-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Time periods.</p><p class="leftAlign firstIndent0 fontsize8" id="x9b7c3669-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Determination.</p></sidenote><chapeau>With respect to a participating educational institution that did not participate in the work-study program under this section during the academic year beginning August 1, 2018, the Secretary shall determine the annual amount to provide to the educational institution under subparagraph (A) as follows:</chapeau><clause class="fontsize10" id="y9b7c366a-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="i">“(i) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7c366b-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Consultation.</p></sidenote><content>For the first academic year in which the educational institution participates in the work-study program beginning on or after August 1, 2020, the amount shall be an amount, determined in consultation with the educational institution, that the Secretary determines appropriate based on amounts provided to similar educational institutions pursuant to subparagraph (B).</content></clause>
<clause class="fontsize10" id="y9b7c366c-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="ii">“(ii) </num><content>Except as provided by clauses (ii) or (iii) of subparagraph (D), for each academic year occurring after the academic year specified in clause (i), the amount shall be the total amount the educational institution paid under this section for work-study allowance for covered work-study activities to individuals enrolled at such educational institution during the previous academic year in which individuals enrolled at such educational institution participated in the work-study program.</content></clause>
</subparagraph>
<subparagraph class="indentUp0 firstIndent0 fontsize10" id="y9b7c366d-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="D">“(D)</num><clause class="inline" id="y9b7c366e-e828-11f0-bc57-ad3ac4b1618c"><num value="i">(i) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7c366f-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Transfer authority.</p></sidenote><content>Except as provided in clause (ii), if the Secretary provides an annual amount to a participating educational institution under subparagraph (B) or (C) that is more than the total amount the educational institution pays to individuals under paragraph (1) for covered work-study activities, the educational institution shall return to the Secretary the unpaid amount and the Secretary shall transfer such amount into the general fund of the Treasury.</content></clause>
<clause class="indentUp0 firstIndent0 fontsize10" id="y9b7c3670-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="ii">“(ii) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7c3671-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Notification.</p></sidenote><content>If the annual amount provided to a participating educational institution under subparagraph (B) or (C) is more, but less than 25 percent more, than the total amount the educational institution pays to individuals under paragraph (1) for covered work-study activities, and the educational institution plans to participate in the work-study program under this section during the subsequent academic year, the educational institution may retain the amount of the overpayment if the educational institution notifies the Secretary of the amount of the overpayment and the intention of the educational institution to retain such amount. Any amount retained by an educational institution under this clause may only be used by the educational institution to provide work-study allowance to individuals enrolled at the educational institution.<page identifier="/us/stat/134/694">134 STAT. 694</page></content></clause>
<clause class="indentUp0 firstIndent0 fontsize10" id="y9b7c3672-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="iii">“(iii) </num><content>At any time a participating educational institution may request the Secretary to increase the annual amount that the Secretary provides the educational institution under subparagraph (B) or (C).<sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7c3673-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Deadline.</p></sidenote> The Secretary shall approve or disapprove such request by not later than 30 days after the date of the request.</content></clause>
<clause class="indentUp0 firstIndent0 fontsize10" id="y9b7c3674-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="iv">“(iv) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7c3675-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Liability.</p></sidenote><content>Whenever the Secretary finds that a participating educational institution paid an amount of work-study allowance under this paragraph to an individual for a purpose other than covered work-study activities, such payment shall constitute a liability of the educational institution to the United States.</content></clause>
</subparagraph>
<subparagraph class="indentUp0 firstIndent0 fontsize10" id="y9b7c3676-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="E">“(E)</num><clause class="inline" id="y9b7c3677-e828-11f0-bc57-ad3ac4b1618c"><num value="i">(i) </num><content>Pursuant to section 3690(c), section 3693, and other provisions of chapter 36 of this title, the Secretary shall ensure that participating educational institutions carry out the work-study allowance program in compliance with this section.</content></clause>
<clause class="indentUp0 firstIndent0 fontsize10" id="y9b7c3678-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="ii">“(ii) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7c3679-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Determination.</p></sidenote><content>The Secretary may prohibit an educational institution from being a participating educational institution under this paragraph if the Secretary determines that the educational institution is not in compliance with this section.</content></clause>
</subparagraph>
<subparagraph class="indentUp0 firstIndent0 fontsize10" id="y9b7c367a-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="F">“(F) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7c367b-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180">Definitions.</p></sidenote><chapeau>In this paragraph:</chapeau><clause class="fontsize10" id="y9b7c367c-e828-11f0-bc57-ad3ac4b1618c" role="definitions" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="i">“(i) </num><content>The term ‘<term>covered work-study activities</term>’ means qualifying work-study activities described in subparagraphs (A), (B), (H), (I), or (J) of paragraph (5) for which an individual is paid a work-study allowance.</content></clause>
<clause class="fontsize10" id="y9b7c367d-e828-11f0-bc57-ad3ac4b1618c" role="definitions" style="-uslm-lc:I658122"><num class="fontsize10" style="-uslm-lc:emspace2" value="ii">“(ii) </num><chapeau>The term ‘<term>participating educational institution</term>’ means an educational institution that—</chapeau><subclause class="fontsize10" id="y9b7c367e-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658124"><num class="fontsize10" style="-uslm-lc:emspace2" value="I">“(I)</num><item class="inline" id="y9b7c367f-e828-11f0-bc57-ad3ac4b1618c"><num value="aa">(aa) </num><content>during the five-academic-year period occurring before an academic year during which the Secretary carries out this paragraph, the educational institution had on average more than 10 individuals per academic year participating in a covered work-study activity under this section; or</content></item>
<item class="indentUp0 fontsize10" id="y9b7c3680-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658124"><num class="fontsize10" style="-uslm-lc:emspace2" value="bb">“(bb) </num><content>the educational institution is not described by item (aa) but informs the Secretary that the institution expects to have more than 10 individuals in the following academic year participating in a covered work-study activity under this section; and</content></item>
</subclause>
<subclause class="fontsize10" id="y9b7c3681-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658124"><num class="fontsize10" style="-uslm-lc:emspace2" value="II">“(II) </num><content>voluntarily chooses to be a participating educational institution under this paragraph.”</content></subclause>
</clause>
</subparagraph>
</paragraph>
</quotedContent>.</content></paragraph>
</subsection>
<subsection class="firstIndent0 fontsize10" id="y9b7c3682-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s6/b" role="instruction" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="b">(b) </num><heading class="fontsize10"><inline class="smallCaps">Conforming Amendment</inline>.—</heading><content>Subsection (e)(1) of such section <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="delete">striking</amendingAction> “<quotedText>subsection (a)(4)</quotedText>” and <amendingAction type="insert">inserting</amendingAction> “<quotedText>subsection (a)(5)</quotedText>”.</content></subsection>
<subsection class="firstIndent0 fontsize10" id="y9b7c3683-e828-11f0-bc57-ad3ac4b1618c" identifier="/us/pl/116/154/s6/c" style="-uslm-lc:I658120"><num class="fontsize10" style="-uslm-lc:emspace2" value="c">(c) </num><sidenote><p class="leftAlign firstIndent0 fontsize8" id="x9b7c3684-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658180"><ref href="/us/usc/t38/s3485">38 USC 3485 note</ref>.</p></sidenote><heading class="fontsize10"><inline class="smallCaps">Application</inline>.—</heading><content>The amendments made by this section shall apply with respect to a quarter, semester, or term, as applicable, commencing on or after August 1, 2021.</content></subsection>
</section>
<section id="d230773e830" identifier="/us/pl/116/154/s7" role="instruction" style="-uslm-lc:I658141"><num class="fontsize12" value="7">SEC. 7. </num><heading>ADJUSTMENT OF LOAN FEES.</heading><content><p class="firstIndent0 fontsize10" id="x9b7c84a5-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658120">  <ref href="/us/usc/t38/s3729/b/2">Section 3729(b)(2) of title 38, United States Code</ref>, <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="delete">striking</amendingAction> the loan fee table and <amendingAction type="insert">inserting</amendingAction> the following:</p><page/>
<page identifier="/us/stat/134/695">134 STAT. 695</page>
<quotedContent><xhtml:table xmlns:xhtml="http://www.w3.org/1999/xhtml" class="Quoted fullWidth" style="border-collapse:collapse;  border-bottom:1px solid black; -uslm-lc: 'c4,L2(4,4,4,4,0,0),tp0,p10,8/10,xl125,xl37C,xl37C,xl37C'; "><xhtml:colgroup><xhtml:col role="reading" style="min-width: 225pt;"/>
<xhtml:col role="reading" style="min-width: 66pt;"/>
<xhtml:col role="reading" style="min-width: 66pt;"/>
<xhtml:col role="reading" style="min-width: 66pt;"/>
</xhtml:colgroup><xhtml:thead><xhtml:tr class="header" style="font-size:10pt; border-bottom:1px solid black;  border-top:1px solid black; -uslm-lc:h1">
<xhtml:th style="min-width: 225.0pt; text-align:center; vertical-align:middle; border-right:0.0pt solid black;">“Type of loan</xhtml:th><xhtml:th style="min-width: 66.0pt; text-align:center; vertical-align:middle; border-right:0.0pt solid black; border-left:0.0pt solid black;">Active duty<br/> veteran</xhtml:th><xhtml:th style="min-width: 66.0pt; text-align:center; vertical-align:middle; border-right:0.0pt solid black; border-left:0.0pt solid black;">Reservist</xhtml:th><xhtml:th style="min-width: 66.0pt; text-align:center; vertical-align:middle; border-left:0.0pt solid black;">Other<br/> obligor</xhtml:th></xhtml:tr>
</xhtml:thead><xhtml:tbody style="line-height:10pt; font-size:8pt;"><xhtml:tr style="border-top:1px solid black; -uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(A)(i) Initial loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other initial loan described in section 3710(a) other than with 5-down or 10-down (closed on or after October 1, 2004, and before January 1, 2020)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">2.15</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">2.40</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(A)(ii) Initial loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other initial loan described in section 3710(a) other than with 5-down or 10-down (closed on or after January 1, 2020, and before April 7, 2023)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">2.30</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">2.30</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(A)(iii) Initial loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other initial loan described in section 3710(a) other than with 5-down or 10-down (closed on or after April 7, 2023, and before October 1, 2029)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">2.15</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">2.15</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(A)(iv) Initial loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other initial loan described in section 3710(a) other than with 5-down or 10-down (closed on or after October 1, 2029)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.40</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.40</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(B)(i) Subsequent loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other subsequent loan described in section 3710(a) (closed on or after October 1, 2004, and before January 1, 2020)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">3.30</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">3.30</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(B)(ii) Subsequent loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other subsequent loan described in section 3710(a) (closed on or after January 1, 2020, and before April 7, 2023)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">3.60</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">3.60</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(B)(iii) Subsequent loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other subsequent loan described in section 3710(a) (closed on or after April 7, 2023, and before October 1, 2029)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">3.30</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">3.30</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<tr xmlns="http://www.w3.org/1999/xhtml" style="-uslm-lc:I01"><xhtml:td xmlns="http://schemas.gpo.gov/xml/uslm" stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(B)(iv) Subsequent loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other subsequent loan described in section 3710(a) (closed on or after October 1, 2029)</xhtml:td><xhtml:td xmlns="http://schemas.gpo.gov/xml/uslm" style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.25</xhtml:td><xhtml:td xmlns="http://schemas.gpo.gov/xml/uslm" style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.25</xhtml:td><xhtml:td xmlns="http://schemas.gpo.gov/xml/uslm" style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></tr><page identifier="/us/stat/134/696">134 STAT. 696</page>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(C)(i) Loan described in section 3710(a) to purchase or construct a dwelling with 5-down (closed before January 1, 2020)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.50</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.75</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(C)(ii) Loan described in section 3710(a) to purchase or construct a dwelling with 5-down (closed on or after January 1, 2020, and before April 7, 2023)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.65</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.65</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(C)(iii) Loan described in section 3710(a) to purchase or construct a dwelling with 5-down (closed on or after April 7, 2023, and before October 1, 2029)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.50</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.50</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(C)(iv) Loan described in section 3710(a) to purchase or construct a dwelling with 5-down (closed on or after October 1, 2029)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">0.75</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">0.75</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(D)(i) Loan described in section 3710(a) to purchase or construct a dwelling with 10-down (closed before January 1, 2020)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.25</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.50</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(D)(ii) Loan described in section 3710(a) to purchase or construct a dwelling with 10-down (closed on or after January 1, 2020, and before April 7, 2023)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.40</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.40</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(D)(iii) Loan described in section 3710(a) to purchase or construct a dwelling with 10-down (closed on or after April 7, 2023, and before October 1, 2029)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.25</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.25</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(D)(iv) Loan described in section 3710(a) to purchase or construct a dwelling with 10-down (closed on or after October 1, 2029)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">0.50</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">0.50</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(E) Interest rate reduction refinancing loan</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">0.50</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">0.50</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(F) Direct loan under section 3711</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.00</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.00</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(G) Manufactured home loan under section 3712 (other than an interest rate reduction refinancing loan)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.00</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.00</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(H) Loan to Native American veteran under section 3762 (other than an interest rate reduction refinancing loan)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.25</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">1.25</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">NA</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(I) Loan assumption under section 3714</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">0.50</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">0.50</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">0.50</xhtml:td></xhtml:tr>
<xhtml:tr style="-uslm-lc:I01"><xhtml:td stubHierarchy="1" style=" text-align:left; vertical-align:top; border-right:0.0pt solid black;">(J) Loan under section 3733(a)</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">2.25</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-right:0.0pt solid black; border-left:0.0pt solid black;">2.25</xhtml:td><xhtml:td style=" text-align:center; vertical-align:top; border-left:0.0pt solid black;">2.25”.</xhtml:td></xhtml:tr>
</xhtml:tbody></xhtml:table></quotedContent><?GPOvSpace 04?></content></section>
<section id="d230773e1109" identifier="/us/pl/116/154/s8" style="-uslm-lc:I658141"><num class="fontsize12" value="8">SEC. 8. </num><heading>DETERMINATION OF BUDGETARY EFFECTS.</heading><content style="-uslm-lc:I658120">  The budgetary effects of this Act, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled “Budgetary Effects of PAYGO Legislation” for this Act, submitted for printing in the <page identifier="/us/stat/134/697">134 STAT. 697</page>
Congressional Record by the Chairman of the House Budget Committee, provided that such statement has been submitted prior to the vote on passage.</content></section>
<action>
<actionDescription style="-uslm-lc:I658030">Approved</actionDescription> <date date="2020-08-08">August 8, 2020</date>.</action>
</main>
<legislativeHistory>
<heading style="-uslm-lc:I658031"><inline class="underline">LEGISLATIVE HISTORY</inline>—<ref href="/us/bill/116/hr/3504">H.R. 3504</ref>:</heading>
<note>
<headingText style="-uslm-lc:I658032">HOUSE REPORTS:</headingText> ┐No. <ref href="/us/hrpt/116/164">116–164</ref> (<committee>Comm. on Veterans’ Affairs</committee>).
</note>
<note>
<heading style="-uslm-lc:I658032">CONGRESSIONAL RECORD:</heading>
<subheading style="-uslm-lc:I658033">Vol. 165 (2019):</subheading>
<p class="indentUp2 firstIndent-1" id="x9b7cabb6-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658034">July 23, considered and passed House.</p><subheading style="-uslm-lc:I658033">Vol. 166 (2020):</subheading>
<p class="indentUp2 firstIndent-1" id="x9b7cabb7-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658034">Mar. 25, considered and passed Senate, amended.</p><p class="indentUp2 firstIndent-1" id="x9b7cabb8-e828-11f0-bc57-ad3ac4b1618c" style="-uslm-lc:I658034">July 20, House concurred in Senate amendment.</p></note>
</legislativeHistory>
<endMarker>○</endMarker>
</pLaw>