H.R. 1949 · 108th Congress

Vendee Loan Restoration Act

Stage
In committee
Introduced
2003-05-05
Latest action
2003-12-16 · See Public Law 108-183.

Summary

Vendee Loan Restoration Act - Reinstates the minimum and maximum percentages of purchases during a fiscal year of real property acquired by the Secretary of Veterans Affairs as the result of a default on a guaranteed loan that may be financed by a loan made by the Secretary. Increases the maximum percentage to 85 (65 under provisions that expired after September 30, 1990).