H.R. 4537House109th Congress (2005-2007)In Committee

Veterans Housing Fairness Act of 2005

Introduced December 14, 2005

Legislative Activity

Stay on top of the latest movement without scrolling through every action

3 earlier actions
HouseCommittee Latest Action

Referred to the Subcommittee on Economic Opportunity.

January 3, 2006

View full timeline
HouseIntro Referral

Introduced in House

December 14, 2005

HouseIntro Referral

Sponsor introductory remarks on measure. (CR E2528)

December 14, 2005

HouseIntro Referral

Referred to the House Committee on Veterans' Affairs.

December 14, 2005

HouseCommittee

Referred to the Subcommittee on Economic Opportunity.

January 3, 2006

Floor Debate

8 members

What members said about H.R. 4537 on the floor

4 Republicans4 Democrats
Steve Buyer
Rep. Steve BuyerR-IN-4 · Dec 8, 2006

Mr. Speaker, I move to suspend the rules and pass the Senate bill (S. 3421) to authorize major medical facility projects and major medical facility leases for the Department of Veterans Affairs for…

Corrine Brown
Rep. Corrine BrownD-FL-3 · Dec 8, 2006

Mr. Speaker, I yield such time as she may consume to the gentlewoman from Nevada (Ms. Berkley). Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I also want to thank the…

Jeff Miller
Rep. Jeff MillerR-FL-1 · Dec 8, 2006

Mr. Speaker, I seek recognition to express my support for the House amendment to S. 3421, the Veterans Benefits, Health Care, and Information Technology Act of 2006. This bill contains more than 60…

Henry E. Brown, Jr.
Rep. Henry E. Brown, Jr.R-SC-1 · Dec 8, 2006

Mr. Speaker, I thank the gentleman for yielding me this time. Let me begin by thanking our esteemed chairman Mr. Buyer for all his hard work this Congress. Under his leadership, this committee has…

Shelley Berkley
Rep. Shelley BerkleyD-NV-1 · Dec 8, 2006

Mr. Speaker, I want to particularly thank the gentlelady for yielding. We have a bit of a time crunch, and I appreciate her graciousness. Mr. Speaker, I would like to thank Chairman Buyer, Ranking…

Show 3 more
Carolyn B. Maloney
Rep. Carolyn B. MaloneyD-NY-14 · Dec 8, 2006

Mr. Speaker, I thank the gentlewoman for yielding and for her leadership on this extremely important issue and many others. I rise in strong support of this bill. We need to support our veterans when…

James R. Langevin
Rep. James R. LangevinD-RI-2 · Dec 8, 2006

Mr. Speaker, today we are debating S. 3421, a bill that would authorize major Veterans Affairs medical facility projects and also overhaul VA information technology. A goal of this bill is also to…

John Boozman
Rep. John BoozmanR-AR-3 · Dec 8, 2006

Mr. Speaker, I certainly want to congratulate Mr. Buyer and thank him and thank the staff on both sides, the chairman, Ranking Member Evans, Acting Ranking Member Filner, and again all of the staff…

Bill Text

Latest available legislative text

Reading Mode
Latest
Introduced in HouseIssued December 14, 2005

I

109th CONGRESS

1st Session

H. R. 4537

IN THE HOUSE OF REPRESENTATIVES

December 14, 2005

Mrs. Maloney (for herself, Mr. Serrano, Mr. Owens, Mr. Nadler, Mrs. McCarthy, Ms. Corrine Brown of Florida, Mr. Pallone, Mr. Bishop of Georgia, Mr. Kildee, Mr. Kind, Mr. Holden, Mr. Gutierrez, Mr. Kucinich, Mr. Schiff, Mr. McDermott, Mr. Hastings of Florida, and Mr. Faleomavaega) introduced the following bill; which was referred to the Committee on Veterans' Affairs

A BILL

To amend title 38, United States Code, to provide housing loan benefits for the purchase of residential cooperative apartment units.

1.

Short title

This Act may be cited as the Veterans Housing Fairness Act of 2005.

2.

Residential cooperative housing units

(a)

Housing benefits for cooperative apartment units

Section 3710(a) of title 38, United States Code, is amended by inserting after paragraph (11) the following new paragraph:

(12)

To purchase stock or membership in a development, project or structure of a cooperative housing corporation in accordance with subsection (h).

.

(b)

Conditions of housing benefits for cooperative apartment units

Section 3710 of such title is amended by adding at the end the following new subsection:

(h)(1)

A loan may not be guaranteed under subsection (a)(12) unless the following conditions are met:

(A)

The development, project or structure of the cooperative housing corporation complies with such criteria as the Secretary prescribes in regulations.

(B)

The dwelling unit, that the purchase of stock or membership in the development, project or structure of the cooperative housing corporation entitles the purchaser to occupy, is a one-family residential unit.

(2)

For the purposes of this subsection, the term cooperative housing corporation has the same meaning given such term by section 216(b)(1) of the Internal Revenue Code of 1986.

(3)

For the purposes of applying the term value of the property to a loan guaranteed under subsection (a)(12), such term means the appraised value of the stock or membership entitling the purchaser to the permanent occupancy of the dwelling unit in the development, project or structure of the cooperative housing corporation.

.