HR 4345 · 108th Congress · Armed Forces and National Security

To amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposes.

Introduced 2004-05-12· Sponsored by Rep. Brown-Waite, Ginny [R-FL-5]· House

Bill Progress

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Introduced
✓
Committee
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House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Veterans' Affairs.(2004-06-24)

Plain Language Summary

[AI summary unavailable — showing source text] Amends Federal veterans' benefits law to revise the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, specifically the guaranty of any loan of more than $144,000. Replaces the current formula of the lesser of $60,000 or 25 percent of the loan with the lesser of a certain maximum guaranty amount or 25 percent of the loan. Defines maximum guaranty amount as the dollar amount equal to 25 percent of the Federal Home Loan Mortgage Corporation (Freddie Mac) conforming loan limit limitation determined under the Federal Home Loan Mortgage Corporation Act for a single-family residence, as adjusted for the year involved.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 4345, A bill to amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposes

May 18, 2004

<p>Cost estimate for the bill as introduced on May 12, 2004.</p>

Full CBO report ↗

H.R. 4345, A bill to amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposes

May 18, 2004

Cost estimate for the bill as introduced on May 12, 2004.

Full CBO report ↗

H.R. 4345, A bill to amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposes

May 25, 2004

<p>Cost estimate for the bill as ordered reported by the House Committee on Veterans' Affairs on May 19, 2004</p>

Full CBO report ↗

H.R. 4345, A bill to amend title 38, United States Code, to increase the maximum amount of home loan guaranty available under the home loan guaranty program of the Department of Veterans Affairs, and for other purposes

May 25, 2004

Cost estimate for the bill as ordered reported by the House Committee on Veterans' Affairs on May 19, 2004

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (5)

1 Democrat4 Republicans
Rep. Davis, Susan A. [D-CA-53]CA
Rep. Bilirakis, Michael [R-FL-9]FL
Rep. Bradley, Jeb [R-NH-1]NH
Rep. Harris, Katherine [R-FL-13]FL
Rep. Bachus, Spencer [R-AL-6]AL