[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1500 Introduced in House (IH)]






108th CONGRESS
  1st Session
                                H. R. 1500

To amend title 38, United States Code, to authorize veterans to select 
  the appraiser for housing loans for which they apply that are to be 
            guaranteed by the Secretary of Veterans Affairs.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 27, 2003

   Mr. Smith of Washington (for himself, Mr. Evans, and Mr. Michaud) 
 introduced the following bill; which was referred to the Committee on 
                           Veterans' Affairs

_______________________________________________________________________

                                 A BILL


 
To amend title 38, United States Code, to authorize veterans to select 
  the appraiser for housing loans for which they apply that are to be 
            guaranteed by the Secretary of Veterans Affairs.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Veterans' Appraiser Choice Act''.

SEC. 2. SELECTION OF APPRAISERS FOR PURPOSES OF HOME LOANS GUARANTEED 
              BY THE DEPARTMENT OF VETERANS AFFAIRS.

    (a) Authority for Borrower To Select Appraiser.--Subsection (b)(1) 
of section 3731 of title 38, United States Code, is amended to read as 
follows:
    ``(b)(1) A veteran applying for a housing loan for which an 
appraisal is required for the purposes of this chapter may select the 
appraiser for such purpose. If a veteran declines to select an 
appraiser when an appraisal is required for the purposes of this 
chapter, the Secretary shall select the appraiser. Any such selection 
by a veteran or by the Secretary shall be made from a list required by 
subsection (a)(3). Selection of appraisers by the Secretary under this 
paragraph shall be made on a rotating basis.''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
take effect at the end of the 60-day period beginning on the date of 
the enactment of this Act.
    (c) Stylistic and Technical Amendments.--Such section is further 
amended--
            (1) in subsection (a)(3)--
                    (A) by striking ``clause (1) of this subsection'' 
                and inserting ``paragraph (1)''; and
                    (B) by striking ``clause (2) of this subsection'' 
                and inserting ``paragraph (2)'';
            (2) in subsections (b)(2), (c), (d), (e), and (f)(1), by 
        striking ``of this section'' each place it appears; and
            (3) in subsection (f)--
                    (A) in paragraph (1), by striking ``paragraphs (2) 
                and (3) of this subsection'' and inserting ``paragraph 
                (2)'';
                    (B) in paragraph (2), by striking ``of this 
                subsection'';
                    (C) by redesignating paragraphs (4) and (5) as 
                paragraphs (3) and (4), respectively; and
                    (D) in paragraph (4), as so redesignated--
                            (i) by striking ``paragraph (4) of this 
                        subsection'' in the matter preceding 
                        subparagraph (A) and inserting ``paragraph 
                        (3)''; and
                            (ii) by striking ``of this subsection'' in 
                        subparagraph (B).
                                 <all>