HR 411 · 96th Congress · Armed Forces and National Security

A bill to authorize veterans loan guaranty benefits notwithstanding usury provisions of State constitutions or statutes, and for other purposes.

Introduced 1979-01-15· Sponsored by Rep. Hammerschmidt, John P. [R-AR-3]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Referred to Senate Committee on Veterans' Affairs.(1979-06-26)

Plain Language Summary

[AI summary unavailable — showing source text] Exempts veterans applying for federally guaranteed loans or mortgages for homes, condominiums, or mobile homes from the application of State usury laws.…

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