HR 2756 · 111th Congress · Taxation

Veterans Home Loan Refinance Opportunity Act of 2009

Introduced 2009-06-08· Sponsored by Rep. Davis, Susan A. [D-CA-53]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2009-06-08)

Plain Language Summary

[AI summary unavailable — showing source text] Veterans Home Loan Refinance Opportunity Act of 2009 - Amends Internal Revenue Code provisions relating to tax-exempt veterans' mortgage bonds to permit: (1) proceeds from such bonds to refinance residences of veterans (currently, bond financing limited to new mortgages); (2) an annual inflation adjustment after 2010 to the amounts of veterans' mortgage bonds that states may issue; and (3) an increase from 1.125 % to 1.50% in the amount by which interest on veterans' mortgages may exceed the yield on a bond issue.…

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

Cosponsors (16)

12 Democrats4 Republicans