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<dc:title>116 HR 3504 EAS: Ryan Kules and Paul Benne Specially Adaptive Housing Improvement Act of 2019</dc:title>
<dc:publisher>U.S. House of Representatives</dc:publisher>
<dc:date>2020-03-26</dc:date>
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<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
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<engrossed-amendment-form>
<congress display="no">116th CONGRESS</congress><session display="no">2d Session</session><legis-num display="no">H.R. 3504</legis-num><current-chamber display="yes">In the Senate of the United States,</current-chamber><action><action-date date="20200326" legis-day="20200325">March 26 (legislative day, March 25), 2020.</action-date></action><legis-type display="yes">Amendment:</legis-type></engrossed-amendment-form><engrossed-amendment-body><section id="id676f7b087e9f4c7284f0080ef005b450" section-type="resolved"><text>That the bill from the House of Representatives (H.R. 3504) entitled <quote>An Act to amend title 38, United States Code, to provide for improvements to the specially adapted housing program and educational assistance programs of the Department of Veterans Affairs, and for other purposes.</quote>, do pass with the following</text></section><amendment><amendment-instruction blank-lines-after="0"><text> Strike all after the enacting clause and insert the following: </text></amendment-instruction><amendment-block style="OLC" blank-lines-after="3" changed="added" reported-display-style="italic"><section id="H991229BC5FFB408A99C6A49E25AAD627" section-type="section-one"><enum>1.</enum><header>Short title</header><text display-inline="no-display-inline">This Act may be cited as the <quote><short-title>Ryan Kules and Paul Benne Specially Adaptive Housing Improvement Act of 2019</short-title></quote>.</text></section><section id="HABCF3B189E4940529C9C316BE19F11A3" section-type="subsequent-section" display-inline="no-display-inline"><enum>2.</enum><header>Authority of Secretary of Veterans Affairs to assist blind veterans who have not lost use of a leg in acquiring specially adapted housing</header><text display-inline="no-display-inline">Section 2101 of title 38, United States Code, is amended—</text><paragraph id="H49B0652D67704081BD4834F8880C0EDE"><enum>(1)</enum><text display-inline="yes-display-inline">in subsection (a)(2)—</text><subparagraph id="H93EACEB7B05E4810B7DDA190A56C01C5"><enum>(A)</enum><text>in subparagraph (A)(i), by striking <quote>permanent and total</quote>; and</text></subparagraph><subparagraph id="HBD767FDC9409401285B0902E5ABB56FC"><enum>(B)</enum><text display-inline="yes-display-inline">in subparagraph (B), </text><clause id="H8CCD487E9DEE464CB353D38E25BDA52E"><enum>(i)</enum><text>in clauses (i), (iii), (iv), and (v), by inserting <quote>permanent and total</quote> before <quote>disability</quote>; and</text></clause><clause id="H29EB5F9339994368A47D6A6F4275BA16"><enum>(ii)</enum><text>in clause (ii)—</text><subclause id="H309F59F694294E5DADBC1359B173FFD0"><enum>(I)</enum><text>by inserting <quote>permanent</quote> before <quote>disability</quote>;</text></subclause><subclause id="H616A1DBE5DD74FCB9B474B40D7457382" display-inline="no-display-inline"><enum>(II)</enum><text>by striking <quote>due to—</quote> and inserting <quote>due to blindness in both eyes, having central visual acuity of 20/200 or less in the better eye with the use of a standard correcting lens. For the purposes of this clause, an eye with a limitation in the fields of vision such that the widest diameter of the visual field subtends an angle no greater than 20 degrees shall be considered as having a central visual acuity of 20/200 or less.</quote>; and</text></subclause><subclause id="H9A2D024FFDB747698A5F53B3A0EB5D6F"><enum>(III)</enum><text display-inline="yes-display-inline">by striking subclauses (I) and (II); and</text></subclause></clause></subparagraph></paragraph><paragraph id="HCFA0BF8BA921498BB08E866409A294A7"><enum>(2)</enum><text>in subsection (b)(2)—</text><subparagraph id="H08B5399CD8F54E10A7505CA654A6ED4C"><enum>(A)</enum><text>by striking subparagraph (A); and</text></subparagraph><subparagraph id="H1F8AFF929CD4428187C1308D47A97379"><enum>(B)</enum><text>by redesignating subparagraphs (B) and (C) as subparagraphs (A) and (B), respectively.</text></subparagraph></paragraph></section><section id="H38657EF078264BC09175060B56A39E40"><enum>3.</enum><header>Increase in amounts of specially adapted housing assistance provided by Department of Veterans Affairs</header><subsection id="HD38D9338DBDC4B80A0199BF2CFF43571"><enum>(a)</enum><header>Increase of number of grants per veteran</header><text display-inline="yes-display-inline">Section 2102(d)(3) of such title is amended—</text><paragraph id="HE2D9A35292A644CEAB08283118C0B749"><enum>(1)</enum><text>by striking <quote>No veteran</quote> and inserting <quote>Subject to subsection (f), no veteran</quote>; and</text></paragraph><paragraph id="H9F5E1D301AD448B28A538F6C2DA06427"><enum>(2)</enum><text>by striking <quote>three</quote> and inserting <quote>six</quote>.</text></paragraph></subsection><subsection id="H468CB0282EBD44F2B055D25FC8CDC3FD"><enum>(b)</enum><header>Increase in number of applications authorized To be approved</header><text>Section 2101(a)(4) of such title is amended by striking <quote>30 applications</quote> and inserting <quote>120 applications</quote>.</text></subsection><subsection id="HB85FC058DDBF4E2297E0D604AA3F3837"><enum>(c)</enum><header>Increase in maximum amount of assistance for adaptation to veteran’s residence</header><text>Section 2102(b)(2) of such title is amended by striking <quote>$12,000</quote> and inserting <quote>$19,733</quote>.</text></subsection><subsection id="HD63EE456C76E487A8A4255AE4DD83FAC"><enum>(d)</enum><header>Increase in aggregate amount of assistance for acquisition of housing with special features</header><text>Section 2102(d)(1) of such title is amended by striking <quote>$63,780</quote> and inserting <quote>$98,492</quote>.</text></subsection><subsection id="H58B36F69DBD843AEA7CEDF15BE018AF5"><enum>(e)</enum><header>Increase in aggregate amount of assistance for adaptations to veterans’ residences</header><text>Section 2102(d)(2) of such title is amended by striking <quote>$12,756</quote> and inserting <quote>$19,733</quote>.</text></subsection><subsection id="H9F29C11B289244DE91E664B030E56587"><enum>(f)</enum><header>Effective date and application</header><text>The amendments made by this section shall take effect on October 1, 2020.</text></subsection></section><section id="H109D42A556DE4EE3B6C6D9BF8E351762"><enum>4.</enum><header>Provision of additional amounts of specially adapted housing assistance for certain veterans</header><text display-inline="no-display-inline">Section 2102 of such title, as amended by section 3, is further amended by adding at the end the following new subsection:</text><quoted-block display-inline="no-display-inline" id="HE5D9874BC04B457291D9115BA00AA343" style="USC"><subsection id="H452F11822F12494DA38B0E836CC7C3E5"><enum>(f)</enum><paragraph commented="no" display-inline="yes-display-inline" id="H109A59DA083F4CF197BFC6020AAA4622"><enum>(1)</enum><text>Beginning October 1, 2030, notwithstanding the aggregate amounts specified in subsection (d), a covered veteran may apply for and receive an additional amount of assistance under subsection (a) or (b) of section 2101 of this title in an amount that does not exceed half of the amount specified in subsection (d).</text></paragraph><paragraph id="H4345AABDF5884F64BAE96558D1105DFC" indent="up1"><enum>(2)</enum><text>In this subsection, a covered veteran is a veteran who—</text><subparagraph id="H7F6DF16AE2584479AF8F010AE0778E14"><enum>(A)</enum><text>is described in subsection (a)(2) or (b)(2) of section 2101 of this title;</text></subparagraph><subparagraph id="H6C24672B2F3141939DB5A44D8B0930C1"><enum>(B)</enum><text display-inline="yes-display-inline">as of the date of the veteran’s application for assistance under paragraph (1), most recently received assistance under this chapter more than 10 years before such date; and</text></subparagraph><subparagraph id="H25D7D80BE2424ECD9B365E6B2CFEB76A"><enum>(C)</enum><text display-inline="yes-display-inline">lives in a home that the Secretary determines does not have adaptations that are reasonably necessary because of the veteran’s disability.</text></subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block></section><section id="HAC905D3731234929BBF6C41DAF889CDB" section-type="subsequent-section"><enum>5.</enum><header>Treatment of certain preparatory courses as programs of education for purposes of Department of Veterans Affairs educational assistance programs</header><subsection id="H7101331609BA4F5F9F0DA3BA1372EF7F"><enum>(a)</enum><header>In general</header><text><external-xref legal-doc="usc-chapter" parsable-cite="usc-chapter/38/33">Chapter 33</external-xref> of title 38, United States Code, is amended by inserting after <external-xref legal-doc="usc" parsable-cite="usc/38/3315A">section 3315A</external-xref> the following new section:</text><quoted-block id="H7625064CC523425C8848C037E8E32432" style="USC"><section id="H374E873903694EF1AA74FC654436A3EF"><enum>3315B.</enum><header>Preparatory courses for licensure, certification, or national tests</header><subsection id="H9F26752FDD614FFCBB5227E261EE4D95"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">An individual entitled to educational assistance under this chapter shall also be entitled to payment for a covered preparatory course.</text></subsection><subsection id="H41A3D6FC7120491B9481B2E39B6C2F38"><enum>(b)</enum><header>Amount</header><text display-inline="yes-display-inline">The amount of educational assistance payable under this chapter for a covered preparatory course is the lesser of—</text><paragraph id="HBF46A1B310674103B3D45C3E17CBF709"><enum>(1)</enum><text display-inline="yes-display-inline">the fee charged for the covered preparatory course; or</text></paragraph><paragraph id="HE5185759C9A749729A83BDC3E5492AB8"><enum>(2)</enum><text display-inline="yes-display-inline">the amount of entitlement available to the individual under this chapter at the time of payment for the covered preparatory course under this section.</text></paragraph></subsection><subsection id="H5C0F806ABC8E4431B0A5ECE6343C91D1"><enum>(c)</enum><header>Charge against entitlement</header><text display-inline="yes-display-inline">The number of months of entitlement charged an individual under this chapter for a covered preparatory course shall be pro-rated based on the actual amount of the fee charged for the covered preparatory course relative to the rate for 1 month payable—</text><paragraph id="H8DCC695A2DA14F6A8AE7A006D069E4EE"><enum>(1)</enum><text>for the academic year beginning on August 1, 2020, $2,042; or</text></paragraph><paragraph id="H3D3F9455932547D58519BFF97D9D3848"><enum>(2)</enum><text>for an academic year beginning on any subsequent August 1, the amount for the previous academic year beginning on August 1 under this subsection, as increased by the percentage increase equal to the most recent percentage increase determined under section 3015(h).</text></paragraph></subsection><subsection id="H16E4D68BB3CF467F9FA2BFE94EB83435"><enum>(d)</enum><header>Covered preparatory course defined</header><text display-inline="yes-display-inline">In this section, the term <quote>covered preparatory course</quote> means a course—</text><paragraph id="H4103F8CC648347A5AC81DA6866EE9370"><enum>(1)</enum><text>for a licensing or certification test that is required or used to enter into, maintain, or advance in employment in a predetermined and identified vocation or profession; and</text></paragraph><paragraph id="H4DD36D15D13444C69979502B3ED8DE86"><enum>(2)</enum><text>that has been approved by the State approving agency concerned.</text></paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block></subsection><subsection id="HF391503D92514836B16148C2DCE0AF35"><enum>(b)</enum><header>Clerical amendment</header><text>The table of sections at the beginning of such chapter is amended by inserting after the item relating to section 3315A the following new item:</text><quoted-block display-inline="no-display-inline" id="H2AF4F34908CB4368935A5AF83ECF0AE3" style="USC"><toc regeneration="no-regeneration"><toc-entry level="section">3315B. Preparatory courses for licensure, certification, or national tests.</toc-entry></toc><after-quoted-block>.</after-quoted-block></quoted-block></subsection><subsection id="H8BFAF9D808404F91B4B0A4977B8AF254"><enum>(c)</enum><header>Conforming amendments</header><text>Section 3532(g) of title 38, United States Code, is amended—</text><paragraph id="H41C97B13D92841C2A390EAA5A43DCB47"><enum>(1)</enum><text>in paragraph (1), by inserting <quote>or a covered preparatory course (as that term is defined in section 3315B(a) of this title)</quote> after <quote>or national test providing an opportunity for course credit at institutions of higher learning described in section 3501(a)(5) of this title</quote>; and</text></paragraph><paragraph id="H9320A9F49C614609A3F350A29A306BB8"><enum>(2)</enum><text>in paragraphs (2) and (3), by inserting <quote>or covered preparatory course</quote> after <quote>test</quote> each place it appears.</text></paragraph></subsection><subsection id="H95CFB76B6B9E423EAE01FE05F0027731"><enum>(d)</enum><header>Effective date</header><text>The amendment made by subsection (a) shall take effect on August 1, 2021.</text></subsection></section><section id="HEC7494FA79D748A4B7A1DB4CC0997B38"><enum>6.</enum><header>Improvement to work-study allowance program</header><subsection id="H1878FF1D48724397B84065EB3497ADC3"><enum>(a)</enum><header>Payment of allowance</header><text display-inline="yes-display-inline">Subsection (a) of section 3485 of title 38, United States Code, is amended—</text><paragraph id="HF129665FA9174466A5B592C1E457E76E"><enum>(1)</enum><text>in paragraph (1), by striking <quote>Individuals</quote> and inserting <quote>In accordance with paragraph (4), individuals</quote>;</text></paragraph><paragraph id="HC4626C795F3A4FB0ABB688A092463494"><enum>(2)</enum><text>by redesignating paragraphs (4), (5), and (6) as paragraphs (5), (6), and (7), respectively; and</text></paragraph><paragraph id="H4A17C09CF8AD4AA880A2D373EB0692D8"><enum>(3)</enum><text>by inserting after paragraph (3) the following new paragraph:</text><quoted-block display-inline="no-display-inline" id="H0452C458BF684D96B470A708E5CB1D54" style="USC"><paragraph id="H20DAD2DE126D4806A2957ED08626E3E1" indent="up1"><enum>(4)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="H2DCD72753E98428B9B4B2AA6E67019FA"><enum>(A)</enum><text display-inline="yes-display-inline">With respect to covered work-study activities, the Secretary shall carry out this section by providing to participating educational institutions an annual amount for the institution to use in paying work-study allowance under paragraph (1) to individuals enrolled at the institution.</text></subparagraph><subparagraph id="HC948898D55C24E699668B78B3B5EE0DC" indent="up1"><enum>(B)</enum><text display-inline="yes-display-inline">With respect to a participating educational institution that participated in the work-study program under this section during the academic year beginning August 1, 2018, the Secretary shall determine the annual amount to provide to the educational institution under subparagraph (A) as follows:</text><clause id="H242EAA431DBC432AAD280144F307BD0B"><enum>(i)</enum><text display-inline="yes-display-inline">For the academic year beginning August 1, 2020, the amount shall be the total amount, determined in consultation with the educational institution, that the Secretary paid under this section for covered work-study activities to individuals enrolled at such educational institution during the academic year beginning August 1, 2018.</text></clause><clause id="HA8395E9E33774AB7A39BC52036FB1F75"><enum>(ii)</enum><text display-inline="yes-display-inline">Except as provided by clauses (ii) or (iii) of subparagraph (D), for each academic year beginning on or after August 1, 2021, the amount shall be the total amount the educational institution paid under this section for work-study allowance for covered work-study activities to individuals enrolled at such educational institution during the previous academic year in which individuals participated in the work-study program.</text></clause></subparagraph><subparagraph id="H88D8AEE83C1E4EF4BB029E8C78CAACAD" indent="up1"><enum>(C)</enum><text display-inline="yes-display-inline">With respect to a participating educational institution that did not participate in the work-study program under this section during the academic year beginning August 1, 2018, the Secretary shall determine the annual amount to provide to the educational institution under subparagraph (A) as follows:</text><clause id="H3DDE588D30BF4F319BA787AEDBC0AC8B"><enum>(i)</enum><text display-inline="yes-display-inline">For the first academic year in which the educational institution participates in the work-study program beginning on or after August 1, 2020, the amount shall be an amount, determined in consultation with the educational institution, that the Secretary determines appropriate based on amounts provided to similar educational institutions pursuant to subparagraph (B).</text></clause><clause id="H41B39D2BAA96405EBF0C17F5FA0CEF11"><enum>(ii)</enum><text display-inline="yes-display-inline">Except as provided by clauses (ii) or (iii) of subparagraph (D), for each academic year occurring after the academic year specified in clause (i), the amount shall be the total amount the educational institution paid under this section for work-study allowance for covered work-study activities to individuals enrolled at such educational institution during the previous academic year in which individuals enrolled at such educational institution participated in the work-study program.</text></clause></subparagraph><subparagraph id="H4403430EA6C34D1EB0E72DA1CB2D8579" indent="up1"><enum>(D)</enum><clause commented="no" display-inline="yes-display-inline" id="H5084BF341824434B9C48762DCE402E98"><enum>(i)</enum><text display-inline="yes-display-inline">Except as provided in clause (ii), if the Secretary provides an annual amount to a participating educational institution under subparagraph (B) or (C) that is more than the total amount the educational institution pays to individuals under paragraph (1) for covered work-study activities, the educational institution shall return to the Secretary the unpaid amount and the Secretary shall transfer such amount into the general fund of the Treasury.</text></clause><clause id="HC5E3C3CBF4A54EA5A938CC57D921A623" indent="up1"><enum>(ii)</enum><text display-inline="yes-display-inline">If the annual amount provided to a participating educational institution under subparagraph (B) or (C) is more, but less than 25 percent more, than the total amount the educational institution pays to individuals under paragraph (1) for covered work-study activities, and the educational institution plans to participate in the work-study program under this section during the subsequent academic year, the educational institution may retain the amount of the overpayment if the educational institution notifies the Secretary of the amount of the overpayment and the intention of the educational institution to retain such amount. Any amount retained by an educational institution under this clause may only be used by the educational institution to provide work-study allowance to individuals enrolled at the educational institution.</text></clause><clause id="H7008BFF42B5444B6A1D8E8F78C5E314D" indent="up1"><enum>(iii)</enum><text display-inline="yes-display-inline">At any time a participating educational institution may request the Secretary to increase the annual amount that the Secretary provides the educational institution under subparagraph (B) or (C). The Secretary shall approve or disapprove such request by not later than 30 days after the date of the request.</text></clause><clause id="H679D6B51F76A4053964741F0198A60A4" indent="up1" commented="no"><enum>(iv)</enum><text display-inline="yes-display-inline">Whenever the Secretary finds that a participating educational institution paid an amount of work-study allowance under this paragraph to an individual for a purpose other than covered work-study activities, such payment shall constitute a liability of the educational institution to the United States.</text></clause></subparagraph><subparagraph id="H70B3C08F70C34F78B02D17B096EA6F76" indent="up1"><enum>(E)</enum><clause commented="no" display-inline="yes-display-inline" id="H54C9F4C857A84A8390886E56D3CAD2C9"><enum>(i)</enum><text>Pursuant to section 3690(c), section 3693, and other provisions of chapter 36 of this title, the Secretary shall ensure that participating educational institutions carry out the work-study allowance program in compliance with this section.</text></clause><clause id="H7A7F2EDA04D144B3A4A9D4C936BFAE93" indent="up1" commented="no"><enum>(ii)</enum><text>The Secretary may prohibit an educational institution from being a participating educational institution under this paragraph if the Secretary determines that the educational institution is not in compliance with this section.</text></clause></subparagraph><subparagraph id="H2D4268F66B1548259015B970678724EF" indent="up1" commented="no"><enum>(F)</enum><text display-inline="yes-display-inline">In this paragraph:</text><clause id="HC8849ABD4A0B45AD8F9BBBD1C61C6E23" commented="no"><enum>(i)</enum><text>The term <term>covered work-study activities</term> means qualifying work-study activities described in subparagraphs (A), (B), (H), (I), or (J) of paragraph (5) for which an individual is paid a work-study allowance.</text></clause><clause id="HDBB4F03A19CF41F5AFCA17ABFCB45148" commented="no"><enum>(ii)</enum><text>The term <term>participating educational institution</term> means an educational institution that—</text><subclause id="HE67DF2E6AE304B859DB2545C5EC342B4" commented="no"><enum>(I)</enum><item commented="no" display-inline="yes-display-inline" id="idB02BE824EF8E431B91E457A9589DA285"><enum>(aa)</enum><text display-inline="yes-display-inline">during the five-academic-year period occurring before an academic year during which the Secretary carries out this paragraph, the educational institution had on average more than 10 individuals per academic year participating in a covered work-study activity under this section; or</text></item><item id="H41EC05D91DA6428E956016D3D08D9012" commented="no" indent="up1"><enum>(bb)</enum><text display-inline="yes-display-inline">the educational institution is not described by item (aa) but informs the Secretary that the institution expects to have more than 10 individuals in the following academic year participating in a covered work-study activity under this section; and</text></item></subclause><subclause commented="no" id="id8EFF86AE8F9E4EA580AD7E3623E0C861"><enum>(II)</enum><text display-inline="yes-display-inline">voluntarily chooses to be a participating educational institution under this paragraph.</text></subclause></clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block></paragraph></subsection><subsection id="H45800DC988BE4438A9580B1E9605F95F"><enum>(b)</enum><header>Conforming amendment</header><text display-inline="yes-display-inline">Subsection (e)(1) of such section is amended by striking <quote>subsection (a)(4)</quote> and inserting <quote>subsection (a)(5)</quote>.</text></subsection><subsection id="H94449F64C4D04A27B3BFC373EA053BCC"><enum>(c)</enum><header>Application</header><text display-inline="yes-display-inline">The amendments made by this section shall apply with respect to a quarter, semester, or term, as applicable, commencing on or after August 1, 2021.</text></subsection></section><section id="H6095D668E2BC435BA998E247554D02FA"><enum>7.</enum><header>Adjustment of loan fees</header><text display-inline="no-display-inline">Section 3729(b)(2) of title 38, United States Code, is amended by striking the loan fee table and inserting the following:</text><quoted-block display-inline="no-display-inline" id="HAD654084C4814C08BE8EB3B4A133167D" style="OLC"><table align-to-level="section" blank-lines-before="1" colsep="1" frame="topbot" line-rules="hor-ver" rowsep="0" rule-weights="4.4.4.0.0.0" table-template-name="Generic: 1 text, 3 num" table-type=""><tgroup cols="4" grid-typeface="1.1" rowsep="0" thead-tbody-ldg-size="10.8.10"><colspec coldef="txt-no-ldr" colname="column1" colwidth="164pts" min-data-value="125" rowsep="0"></colspec><colspec align="center" coldef="txt-no-ldr" colname="column2" colwidth="48pts" min-data-value="37"></colspec><colspec align="center" coldef="txt-no-ldr" colname="column3" colwidth="48pts" min-data-value="37"></colspec><colspec align="center" coldef="txt-no-ldr" colname="column4" colwidth="48pts" min-data-value="37"></colspec><thead><row><entry align="center" colname="column1" morerows="0" namest="column1" rowsep="1">Type of loan</entry><entry align="center" colname="column2" morerows="0" namest="column2" rowsep="1">Active duty<linebreak></linebreak> veteran</entry><entry align="center" colname="column3" morerows="0" namest="column3" rowsep="1">Reservist</entry><entry align="center" colname="column4" morerows="0" namest="column4" rowsep="1">Other<linebreak></linebreak> obligor</entry></row></thead><tbody><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(A)(i) Initial loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other initial loan described in section 3710(a) other than with 5-down or 10-down (closed on or after October 1, 2004, and before January 1, 2020) </entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">2.15</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">2.40</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(A)(ii) Initial loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other initial loan described in section 3710(a) other than with 5-down or 10-down (closed on or after January 1, 2020, and before April 7, 2023) </entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">2.30</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">2.30</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(A)(iii) Initial loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other initial loan described in section 3710(a) other than with 5-down or 10-down (closed on or after April 7, 2023, and before October 1, 2029) </entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">2.15</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">2.15</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(A)(iv) Initial loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other initial loan described in section 3710(a) other than with 5-down or 10-down (closed on or after October 1, 2029)</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">1.40</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">1.40</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(B)(i) Subsequent loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other subsequent loan described in section 3710(a) (closed on or after October 1, 2004, and before January 1, 2020) </entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">3.30</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">3.30</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(B)(ii) Subsequent loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other subsequent loan described in section 3710(a) (closed on or after January 1, 2020, and before April 7, 2023) </entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">3.60</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">3.60</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(B)(iii) Subsequent loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other subsequent loan described in section 3710(a) (closed on or after April 7, 2023, and before October 1, 2029) </entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">3.30</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">3.30</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(B)(iv) Subsequent loan described in section 3710(a) to purchase or construct a dwelling with 0-down, or any other subsequent loan described in section 3710(a) (closed on or after October 1, 2029)</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">1.25</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">1.25</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(C)(i) Loan described in section 3710(a) to purchase or construct a dwelling with 5-down (closed before January 1, 2020) </entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">1.50</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">1.75</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(C)(ii) Loan described in section 3710(a) to purchase or construct a dwelling with 5-down (closed on or after January 1, 2020, and before April 7, 2023) </entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">1.65</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">1.65</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(C)(iii) Loan described in section 3710(a) to purchase or construct a dwelling with 5-down (closed on or after April 7, 2023, and before October 1, 2029) </entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">1.50</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">1.50</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(C)(iv) Loan described in section 3710(a) to purchase or construct a dwelling with 5-down (closed on or after October 1, 2029)</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">0.75</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">0.75</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(D)(i) Loan described in section 3710(a) to purchase or construct a dwelling with 10-down (closed before January 1, 2020) </entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">1.25</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">1.50</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(D)(ii) Loan described in section 3710(a) to purchase or construct a dwelling with 10-down (closed on or after January 1, 2020, and before April 7, 2023) </entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">1.40</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">1.40</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(D)(iii) Loan described in section 3710(a) to purchase or construct a dwelling with 10-down (closed on or after April 7, 2023, and before October 1, 2029) </entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">1.25</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">1.25</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(D)(iv) Loan described in section 3710(a) to purchase or construct a dwelling with 10-down (closed on or after October 1, 2029)</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">0.50</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">0.50</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(E) Interest rate reduction refinancing loan</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">0.50</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">0.50</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry align="left" colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">(F) Direct loan under section 3711</entry><entry align="right" colname="column2" leader-modify="clr-ldr" rowsep="0">1.00</entry><entry colname="column3" leader-modify="clr-ldr" rowsep="0">1.00</entry><entry align="right" colname="column4" leader-modify="clr-ldr" rowsep="0">NA</entry></row><row><entry colname="column1" leader-modify="clr-ldr" stub-definition="txt-ldr" stub-hierarchy="1">(G) Manufactured home loan under section 3712 (other than an interest rate reduction refinancing loan)</entry><entry colname="column2" leader-modify="clr-ldr">1.00</entry><entry colname="column3" leader-modify="clr-ldr">1.00</entry><entry colname="column4" leader-modify="clr-ldr">NA</entry></row><row><entry colname="column1" leader-modify="clr-ldr" stub-definition="txt-ldr" stub-hierarchy="1">(H) Loan to Native American veteran under section 3762 (other than an interest rate reduction refinancing loan)</entry><entry colname="column2" leader-modify="clr-ldr">1.25</entry><entry colname="column3" leader-modify="clr-ldr">1.25</entry><entry colname="column4" leader-modify="clr-ldr">NA</entry></row><row><entry colname="column1" leader-modify="clr-ldr" stub-definition="txt-ldr" stub-hierarchy="1">(I) Loan assumption under section 3714</entry><entry colname="column2" leader-modify="clr-ldr">0.50</entry><entry colname="column3" leader-modify="clr-ldr">0.50</entry><entry colname="column4" leader-modify="clr-ldr">0.50</entry></row><row><entry colname="column1" leader-modify="clr-ldr" stub-definition="txt-ldr" stub-hierarchy="1">(J) Loan under section 3733(a)</entry><entry colname="column2" leader-modify="clr-ldr">2.25</entry><entry colname="column3" leader-modify="clr-ldr">2.25</entry><entry colname="column4" leader-modify="clr-ldr">2.25</entry></row></tbody></tgroup></table><after-quoted-block>.</after-quoted-block></quoted-block></section><section id="H06E9F3ACA4E24ECF8F4E8F58E3885D7B"><enum>8.</enum><header>Determination of budgetary effects</header><text display-inline="no-display-inline">The budgetary effects of this Act, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled <quote>Budgetary Effects of PAYGO Legislation</quote> for this Act, submitted for printing in the Congressional Record by the Chairman of the House Budget Committee, provided that such statement has been submitted prior to the vote on passage.</text></section></amendment-block></amendment></engrossed-amendment-body><attestation><attestation-group><attestor></attestor><role>Secretary</role></attestation-group></attestation><endorsement></endorsement></amendment-doc> 

