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VA Home Loan Program Reform ActSection 5 › Proposal

The authorization is $257,700,000 a year through fiscal year 2030

To amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to take certain actions in the case of a default on a home loan guaranteed by the Secretary, and for other purposes, section 5, Sec. 5. Written by .

The authorization is $257,700,000 a year through fiscal year 2030

The document says “is amendedWho acts: CongressHow: statuteSec. 5 in the PDF
What the document says

“``(9) $257,700,000 for each fiscal year thereafter through fiscal year 2030.”

To amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to take certain actions in the case of a default on a home loan guaranteed by the Secretary, and for other purposes, Sec. 5

The second new paragraph authorizes $257,700,000 for each fiscal year after 2026 through fiscal year 2030, and the authorization stops there.

What the document actually says

“``(9) $257,700,000 for each fiscal year thereafter through fiscal year 2030.”

To amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to take certain actions in the case of a default on a home loan guaranteed by the Secretary, and for other purposes, Sec. 5
That sentence, in plain words

The next line names a smaller sum. It runs to 2030.

What this is about

The sum is about 257 million dollars each year. After 2030 this law names no sum at all.

No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.

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