[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1595 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 1595

    To amend the Internal Revenue Code of 1986 to make all veterans 
   eligible for home loans under the veterans mortgage revenue bond 
                                program.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 15, 2011

 Mr. Blumenauer (for himself, Ms. Baldwin, Mr. Bilbray, Mrs. Davis of 
  California, Mr. DeFazio, Mr. Filner, Mr. Garamendi, Mr. Al Green of 
Texas, Ms. Jackson Lee of Texas, Mr. Schrader, Mr. Walden, Mr. Wu, Mr. 
Young of Alaska, and Mr. Kind) introduced the following bill; which was 
              referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
    To amend the Internal Revenue Code of 1986 to make all veterans 
   eligible for home loans under the veterans mortgage revenue bond 
                                program.

    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' Home Loan Improvement Act 
of 2011''.

SEC. 2. ALL VETERANS MADE ELIGIBLE FOR HOME LOANS UNDER VETERANS 
              MORTGAGE REVENUE BOND PROVISIONS.

    (a) In General.--Paragraph (4) of section 143(l) of the Internal 
Revenue Code of 1986 is amended to read as follows:
            ``(4) Qualified veteran.--For purposes of this subsection, 
        the term `qualified veteran' means any veteran who served on 
        active duty.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to financing provided after the date of the enactment of this Act under 
issues issued before, on, or after such date.
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