The authorization is $344,000,000 for fiscal years 2025 and 2026
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 $344,000,000 for fiscal years 2025 and 2026
The document says “is amended”Who acts: CongressHow: statuteSec. 5 in the PDF
What the document says
“``(8) $344,000,000 for each of fiscal years 2025 and 2026.”
A new paragraph inserted into section 2016 of title 38, United States Code, authorizes $344,000,000 for each of fiscal years 2025 and 2026. An authorization is a ceiling Congress sets, not money paid out.
What the document actually says
“``(8) $344,000,000 for each of fiscal years 2025 and 2026.”
That sentence, in plain words
The new line names a sum for two years. It is for 2025 and 2026.
What this is about
The sum is 344 million dollars each year. Naming a sum is not the same as handing it over.
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.
The quotation is the document's own words, exactly as printed, and we check the page
number against the Act itself before publishing. The paragraph underneath is our summary,
not the document's words. So is the plain English version, which is why it sits beside the
quotation rather than replacing it.
