[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6731 Introduced in House (IH)]







110th CONGRESS
  2d Session
                                H. R. 6731

  To amend title 38, United States Code, to extend certain home loan 
   guaranty demonstration programs administered by the Secretary of 
               Veterans Affairs, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 31, 2008

   Mr. Filner (for himself, Mr. Buyer, Ms. Herseth Sandlin, and Mr. 
   Boozman) introduced the following bill; which was referred to the 
                     Committee on Veterans' Affairs

_______________________________________________________________________

                                 A BILL


 
  To amend title 38, United States Code, to extend certain home loan 
   guaranty demonstration programs administered by the Secretary of 
               Veterans Affairs, and for other purposes.

    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 ``Department of Veterans Affairs Loan 
Extension Act of 2008''.

SEC. 2. EXTENSION OF CERTAIN VETERANS HOME LOAN GUARANTY PROGRAMS.

    (a) Extension of Demonstration Project on Adjustable Rate 
Mortgages.--Section 3707(a) of title 38, United States Code, is amended 
by striking ``2008'' and inserting ``2019''.
    (b) Extension of Demonstration Project on Hybrid Adjustable Rate 
Mortgages.--Section 3707A(a) of such title is amended by striking 
``2008'' and inserting ``2019''.

SEC. 3. INCREASE IN CAP OF NUMBER OF VETERANS PARTICIPATING IN 
              INDEPENDENT LIVING PROGRAM.

    Section 3120(e) of title 38, United States Code, is amended by 
striking ``2500 veterans'' and inserting ``2600 veterans''.
                                 <all>