A bill to amend section 1903 of title 38, United States Code, to provide a direct long term low interest loan for the replacement of an automobile or other conveyance previously provided under chapter 39 of this title.

[AI summary unavailable — showing source text] Provides to each eligible person for whom the Veterans' Administration has purchased an automobile with specially adapted equipment a loan, not to exceed $5,000, for the purpose of replacing the automobile or conveyance so purchased. Limits the interest on such loan to no more than six percent annually, repayable over a term of four years, and limits the number of such loans to one per eligible person.…