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VA Home Loan Program Reform Act › Section 5

Increase of Authorization of Appropriations for Comprehensive Service Programs for Homeless Veterans

Section 5 · Sec. 5 ·

What this chapter is about

This part changes how much money is set aside for homeless veteran programs. It closes off the old open ended amount. It names a sum for 2025 and 2026. It names a smaller sum through 2030.

3 proposals indexed from this chapter.

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.

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

“``(8) $344,000,000 for each of 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, Sec. 5

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.”

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 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 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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What This Page Covers, and What It Leaves Out

Both things the section does: the amendment that ends the old open ended authorization after fiscal year 2024, and the two new paragraphs naming amounts for the years after that.

Nothing in the section is left out. It runs to one amendment instruction and two inserted paragraphs.

The section works by amending section 2016 of title 38, United States Code, and that statute is not indexed here, so nothing recorded says what it provided before this Act or reads as now. An authorization of appropriations is not itself an appropriation, and nothing recorded says whether the money was appropriated.