A bill to amend the Internal Revenue Code of 1986 to increase the limitation on the issuance of qualified veterans' mortgage bonds for Alaska, Oregon, and Wisconsin and to modify the definition of qualified veteran.

Amends the Internal Revenue Code to: (1) increase to $100 million the veterans mortgage bond limitation in Alaska, Oregon, and Wisconsin; (2) eliminate the phase-in of the bond limitation; and (3) revise the definition of "qualified veteran" for mortgage bond financing eligibility purposes to make such definition applicable to veterans in all states.