[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[S. 417 Introduced in Senate (IS)]







104th CONGRESS
  1st Session
                                 S. 417

    To amend the Internal Revenue Code of 1986 with respect to the 
      eligibility of veterans for mortgage revenue bond financing.


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                   IN THE SENATE OF THE UNITED STATES

            February 14 (legislative day, January 30), 1995

   Mr. Kohl introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
    To amend the Internal Revenue Code of 1986 with respect to the 
      eligibility of veterans for mortgage revenue bond financing.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. ELIGIBILITY OF VETERANS FOR MORTGAGE BONDS DETERMINED BY 
              STATES.

    (a) In General.--Paragraph (4) of section 143(l) of the Internal 
Revenue Code of 1986 (defining qualified veteran) is amended to read as 
follows:
            ``(4) Qualified veteran.--For purposes of this subsection, 
        the term `qualified veteran' means any veteran who meets such 
        requirements as may be imposed by the State law pursuant to 
        which qualified veterans' mortgage bonds are issued.''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply to bonds issued after the date of the enactment of this Act.
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