[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4315 Introduced in House (IH)]

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115th CONGRESS
  1st Session
                                H. R. 4315

To exclude from consideration as income under the United States Housing 
 Act of 1937 certain veterans compensation and pensions, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            November 8, 2017

  Mr. Vargas (for himself and Mr. Poliquin) introduced the following 
    bill; which was referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To exclude from consideration as income under the United States Housing 
 Act of 1937 certain veterans compensation and pensions, 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 ``Wounded Warrior Housing Reform Act 
of 2017''.

SEC. 2. EXCLUSIONS FROM INCOME.

    (a) Amendment to Existing Definition of Income.--Paragraph (4) of 
section 3(b) of the United States Housing Act of 1937 (42 U.S.C. 
1437a(b)(4)) is amended--
            (1) by inserting ``(A)'' after ``except that'';
            (2) by striking ``and any amounts'' and inserting ``, (B) 
        any amounts'';
            (3) by striking ``or any deferred'' and inserting ``, (C) 
        any deferred''; and
            (4) by inserting after ``prospective monthly amounts'' the 
        following: ``, and (D) in the case of a veteran (as such term 
        is defined in section 101 of title 38, United States Code), any 
        disability compensation under chapter 11 of title 38, United 
        States Code, and amounts from a pension paid under section 1513 
        of title 38, United States Code,''.
    (b) Effective Date.--The amendments made by subsection (a) shall be 
effective during the period beginning on the date of the enactment of 
this Act and ending on the date on which the amendments made by section 
102(c) of the Housing Opportunity Through Modernization Act of 2016 
(Public Law 114-201; 130 Stat. 788) take effect.
    (c) Amendment to Definition of Income After HOTMA.--Effective on 
the day after the date on which the amendments made by section 102(c) 
of the Housing Opportunity Through Modernization Act of 2016 (Public 
Law 114-201; 130 Stat. 788) take effect, clause (iv) of section 
3(b)(4)(B) of the United States Housing Act of 1937 (42 U.S.C. 
1437a(b)(4)(B)) is amended to read as follows:
                            ``(iv) any disability compensation under 
                        chapter 11 of title 38, United States Code, and 
                        amounts from a pension paid under chapter 15 of 
                        such title; and''.
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