H.R. 1257House108th Congress (2003-2005)Passed House

Selected Reserve Home Loan Equity Act

Sponsored by Lane EvansRep. Lane Evans (D-IL)
Introduced March 13, 2003

Legislative Activity

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17 earlier actions
SenateIntro Referral Latest Action

Received in the Senate and Read twice and referred to the Committee on Veterans' Affairs.

May 22, 2003

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HouseIntro Referral

Introduced in House

March 13, 2003

HouseIntro Referral

Referred to the House Committee on Veterans' Affairs.

March 13, 2003

HouseCommittee

Referred to the Subcommittee on Benefits.

March 26, 2003

HouseCommittee

Subcommittee Consideration and Mark-up Session Held.

May 7, 2003

HouseCommittee

Forwarded by Subcommittee to Full Committee by Unanimous Consent.

May 7, 2003

HouseCommittee

Committee Consideration and Mark-up Session Held.

May 15, 2003

HouseCommittee

Ordered to be Reported by Voice Vote.

May 15, 2003

HouseCommittee

Reported by the Committee on Veterans' Affairs. H. Rept. 108-107.

May 19, 2003

HouseCalendars

Placed on the Union Calendar, Calendar No. 54.

May 19, 2003

HouseFloor

Mr. Boozman moved to suspend the rules and pass the bill.

May 20, 2003 • 11:16 AM

HouseFloor

Considered under suspension of the rules. (consideration: CR H4275-4277)

May 20, 2003 • 11:17 AM

HouseFloor

DEBATE - The House proceeded with forty minutes of debate on H.R. 1257.

May 20, 2003 • 11:17 AM

HouseFloor

At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

May 20, 2003 • 11:30 AM

HouseFloor

Considered as unfinished business. (consideration: CR H4557)

May 22, 2003 • 1:34 PM

HouseFloor

Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 428 - 0 (Roll no. 210).(text: CR 5/20/2003 H4275)

May 22, 2003 • 1:41 PM

HouseFloor

On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 428 - 0 (Roll no. 210). (text: CR 5/20/2003 H4275)

May 22, 2003 • 1:41 PM

HouseFloor

Motion to reconsider laid on the table Agreed to without objection.

May 22, 2003 • 1:41 PM

SenateIntro Referral

Received in the Senate and Read twice and referred to the Committee on Veterans' Affairs.

May 22, 2003

Floor Debate

24 members

What members said about H.R. 1257 on the floor

10 Republicans14 Democrats
Tom Davis
Rep. Tom DavisR-VA-11 · May 22, 2003

Mr. Speaker, I appreciate the gentlewoman yielding me this time. First of all, civil servants have had a large role in shaping this. There have been nine pilot programs the Department of Defense has…

Lane Evans
Rep. Lane EvansD-IL-17 · Nov 25, 2003

Mr. Speaker, I rise in strong support of H.R. 2297, as amended. This bill is a compromise agreement that was carefully negotiated between the House and Senate, and contains a number of important…

Martin Frost
Rep. Martin FrostD-TX-24 · May 22, 2003

Mr. Speaker, I yield myself such time as I may consume. (Mr. FROST asked and was given permission to revise and extend his remarks.) Mr. Speaker, for all of my 25 years in Congress I have worked for…

Michael H. Michaud
Rep. Michael H. MichaudD-ME-2 · Nov 20, 2003

Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise today in strong support of H.R. 2297, as amended, the Veterans Benefits Act of 2003. I would like to thank the chairman,…

Bob Graham
Sen. Bob GrahamD-FL · Nov 19, 2003

Madam President, as Ranking Member of the Committee on Veterans' Affairs, I urge the Senate to pass H.R. 2297, the proposed Veterans Benefits Act of 2003. The pending measure, which I will refer to…

Show 8 more
Christopher H. Smith
Rep. Christopher H. SmithR-NJ-4 · Nov 20, 2003

Mr. Speaker, I move to suspend the rules and concur in the Senate amendment to the bill (H.R. 2297) to amend title 38, United States Code, to improve benefits under laws administered by the Secretary…

Duncan Hunter
Rep. Duncan HunterR-CA-52 · May 22, 2003

Mr. Speaker, will the gentleman yield? Mr. Speaker, I thank the gentleman for yielding. I agree with the gentleman. I think that this bill is going to provide for more jobs for civil service…

Ike Skelton
Rep. Ike SkeltonD-MO-4 · May 22, 2003

Mr. Speaker, I rise in opposition to this rule. When I testified before the Committee on Rules, Mr. Speaker, I specifically asked that committee for several major amendments, Democratic amendments,…

Sue Wilkins Myrick
Rep. Sue Wilkins MyrickR-NC-9 · May 22, 2003

Mr. Speaker, by direction of the Committee on Rules, I call up House Resolution 247 and ask for its immediate consideration. Mr. Speaker, for purposes of debate only, I yield the customary 30 minutes…

David Dreier
Rep. David DreierR-CA-26 · May 22, 2003

Mr. Speaker, I rise in strong support of this rule. It follows the procedure which, as I said here yesterday, has been addressed year after year. We are coming forward with a second rule which has a…

Carolyn B. Maloney
Rep. Carolyn B. MaloneyD-NY-14 · May 22, 2003

Mr. Speaker, today we continue the Defense Authorization bill debate. This bill authorizes a total of $400.5 billion in FY 2004 for defense activities important for our nation's security, however,…

Sander M. Levin
Rep. Sander M. LevinD-MI-12 · May 22, 2003

Mr. Speaker, I strongly oppose this unfair rule. I do so because it denies Members the opportunity to offer amendments to critical provisions in the Defense Authorization bill. National defense…

Bob Filner
Rep. Bob FilnerD-CA-51 · Nov 20, 2003

Mr. Speaker, I thank the gentleman for yielding me this time, and we are, of course, supporting H.R. 2297, a bill that incorporates many provisions that have been discussed at the House Committee on…

Show 11 more
Rob Simmons
Rep. Rob SimmonsR-CT-2 · May 20, 2003

Mr. Speaker, I thank the gentleman and the ranking member for introducing the Selected Reserve Home Equity Loan Act. I have served as a reservist in the U.S. Army for over 30 years, and I feel that…

John Boozman
Rep. John BoozmanR-AR-3 · May 20, 2003

Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 1257) to amend title 38, United States Code, to make permanent the authority for qualifying members of the Selected Reserve to have…

John M. Spratt, Jr.
Rep. John M. Spratt, Jr.D-SC-5 · May 22, 2003

Mr. Speaker, during the floor debate yesterday, the Committee on Rules chairman, the gentleman from California (Mr. Dreier), addressed our complaints by saying, what are you arguing about? We have…

John D. Dingell
Rep. John D. DingellD-MI-15 · May 22, 2003

Well, here we are again, my dear colleagues, deja vu all over again. The Republicans told us yesterday how they were going to have a second rule. Well, the second rule is just like the first, unfair,…

Silvestre Reyes
Rep. Silvestre ReyesD-TX-16 · May 22, 2003

I thank the gentleman for yielding me this time. Mr. Speaker, I rise in strong opposition to this very unfair rule. The bill before us today contains provisions that would give the Department of…

Henry E. Brown, Jr.
Rep. Henry E. Brown, Jr.R-SC-1 · Nov 20, 2003

Mr. Speaker, I thank the gentleman for yielding me this time, and I am pleased we are here today to consider the Veterans Benefits Act of 2003, a bipartisan effort with no less than 37 substantive…

Steny H. Hoyer
Rep. Steny H. HoyerD-MD-5 · May 22, 2003

Mr. Speaker, will the gentleman yield? Mr. Speaker, I thank the gentleman for yielding, and I understand his assertion. His assertion essentially is that these provisions that will affect our Federal…

Nancy Pelosi
Rep. Nancy PelosiD-CA-8 · May 22, 2003

Mr. Speaker, I rise to speak in opposition to the rule on the National Defense Authorization Act. This rule fails to make in order several important Democratic amendments, including the Rahall-…

Chris Van Hollen
Rep. Chris Van HollenD-MD-8 · May 22, 2003

Mr. Speaker, I thank the gentleman for yielding me time. Mr. Speaker, I think it is outrageous that the rule proposed by the Republican leadership denies the 435 Members of this House the opportunity…

John Linder
Rep. John LinderR-GA-7 · May 22, 2003

Mr. Speaker, I thank the gentlewoman for yielding me time. Mr. Speaker, I rise in support of H. Res. 247. The Committee on Rules has listened to hours of testimony and made in order 39 total…

Arlen Specter
Sen. Arlen SpecterR-PA · Nov 19, 2003

Madam President, I have sought recognition today to explain briefly the provisions of H.R. 2297, the proposed Veterans Benefits Act of 2003, that the Ranking Member of the Committee on Veterans…

Bill Text

4 versions available

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Latest
Engrossed in HouseIssued May 22, 2003
        [Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1257 Engrossed in House (EH)]

108th CONGRESS
1st Session
H. R. 1257

_______________________________________________________________________

AN ACT

To amend title 38, United States Code, to make permanent the authority
for qualifying members of the Selected Reserve to have access to home
loans guaranteed by the Secretary of Veterans Affairs and to provide
for uniformity in fees charged qualifying members of the Selected
Reserve and active duty veterans for such home loans.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Selected Reserve Home Loan Equity
Act''.

SEC. 2. PERMANENT AUTHORITY FOR HOUSING LOANS FOR MEMBERS OF THE
SELECTED RESERVE.

Section 3702(a)(2)(E) of title 38, United States Code, is amended
by striking ``and ending on September 30, 2009,''.

SEC. 3. UNIFORM HOME LOAN GUARANTY FEES FOR QUALIFYING MEMBERS OF THE
SELECTED RESERVE AND ACTIVE DUTY VETERANS.

(a) In General.--Paragraph (2) of section 3729(b) of title 38,
United States Code, is amended to read as follows:
``(2) The loan fee table referred to in paragraph (1) is as
follows:

``LOAN FEE TABLE
------------------------------------------------------------------------
Type of loan                   Veteran        Other obligor
------------------------------------------------------------------------
(A)(i) Initial loan described in                 2.00                NA
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 before
October 1, 2011)...................
------------------------------------------------------------------------
(A)(ii) Initial loan described in                1.25                NA
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, 2011).............
------------------------------------------------------------------------
(B)(i) Subsequent loan described in              3.30                NA
section 3710(a) to purchase or
construct a dwelling with 0-down,
or any other subsequent loan
described in section 3710(a)
(closed before October 1, 2011)....
------------------------------------------------------------------------
(B)(ii) Subsequent loan described in             2.15                NA
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, 2011
and before October 1, 2013)........
------------------------------------------------------------------------
(B)(iii) Subsequent loan described               1.25                NA
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,
2013)..............................
------------------------------------------------------------------------
(C)(i) Loan described in section                 1.50                NA
3710(a) to purchase or construct a
dwelling with 5-down (closed before
October 1, 2011)...................
------------------------------------------------------------------------
(C)(ii) Loan described in section                0.75                NA
3710(a) to purchase or construct a
dwelling with 5-down (closed on or
after October 1, 2011).............
------------------------------------------------------------------------
(D)(i) Initial loan described in                 1.25                NA
section 3710(a) to purchase or
construct a dwelling with 10-down
(closed before October 1, 2011)....
------------------------------------------------------------------------
(D)(ii) Initial loan described in                0.50                NA
section 3710(a) to purchase or
construct a dwelling with 10-down
(closed on or after October 1,
2011)..............................
------------------------------------------------------------------------
(E) Interest rate reduction                      0.50                NA
refinancing loan...................
------------------------------------------------------------------------
(F) Direct loan under section 3711..             1.00                NA
------------------------------------------------------------------------
(G) Manufactured home loan under                 1.00                NA
section 3712 (other than an
interest rate reduction refinancing
loan)..............................
------------------------------------------------------------------------
(H) Loan to Native American veteran              1.25                NA
under section 3762 (other than an
interest rate reduction refinancing
loan)..............................
------------------------------------------------------------------------
(I) Loan assumption under section                0.50              0.50
3714...............................
------------------------------------------------------------------------
(J) Loan under section 3733(a)......             2.25           2.25''.
------------------------------------------------------------------------

(b) Conforming Amendments.--(1) Paragraph (4)(A) of such section is
amended to read as follows:
``(A) The term `veteran' means any veteran eligible for the
benefits of this chapter.''.
(2) Paragraph (4) of such section is amended by striking
subparagraph (B) and redesignating subparagraphs (C), (D), (E), (F),
(G), (H), and (I) as subparagraphs (B), (C), (D), (E), (F), (G), and
(H), respectively.

Passed the House of Representatives May 22, 2003.

Attest:

Clerk.
108th CONGRESS

1st Session

H. R. 1257

_______________________________________________________________________

AN ACT

To amend title 38, United States Code, to make permanent the authority
for qualifying members of the Selected Reserve to have access to home
loans guaranteed by the Secretary of Veterans Affairs and to provide
for uniformity in fees charged qualifying members of the Selected
Reserve and active duty veterans for such home loans.