H.R. 6146

Warrior Home Loan Act

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I

111th CONGRESS

2d Session

H. R. 6146

IN THE HOUSE OF REPRESENTATIVES

September 16, 2010

Ms. Giffords introduced the following bill; which was referred to the Committee on Veterans’ Affairs

A BILL

To amend title 38, United States Code, to make permanent home loan guaranty programs for veterans regarding adjustable rate mortgages and hybrid adjustable rate mortgages.

1.

Short title

This Act may be cited as the Warrior Home Loan Act.

2.

Making permanent certain home loan guaranty programs for veterans

(a)

Extension of Demonstration Project on Adjustable Rate Mortgages

Section 3707(a) of title 38, United States Code, is amended by striking carry out a demonstration project under this section during fiscal years 1993 through 2012 and inserting carry out a program.

(b)

Extension of Demonstration Project on Hybrid Adjustable Rate Mortgages

Section 3707A(a) of such title is amended by striking carry out a demonstration project under this section during fiscal years 2004 through 2012 and inserting carry out a program.