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VA Home Loan Program Reform ActSection 5 › Proposal

The open ended authorization is closed off after fiscal year 2024

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 open ended authorization is closed off after fiscal year 2024

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

“Section 2016 of title 38, United States Code, is amended-- (1) in paragraph (7), by striking ``fiscal year 2015 and each subsequent fiscal year'' and inserting ``each of fiscal years 2015 through 2024''; and”

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 section operates by amendment. The paragraph that had run from fiscal year 2015 onward without an end is cut off at fiscal year 2024, and the two paragraphs recorded next take over from there. Section 2016 of title 38, United States Code, is not indexed here.

What the document actually says

“Section 2016 of title 38, United States Code, is amended-- (1) in paragraph (7), by striking ``fiscal year 2015 and each subsequent fiscal year'' and inserting ``each of fiscal years 2015 through 2024''; and”

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

One line of an old law had no end date. Now it stops at 2024.

What this is about

The old law set aside money to help homeless veterans. The new lines cover the years after that.

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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