II

Calendar No. 435

103D CONGRESS

2D SESSION S. 1626

[Report No. 103–267]

To amend title 38, United States Code, to revise the veterans’ home loan

program.

IN THE SENATE OF THE UNITED STATES

NOVEMBER 4 (legislative day, NOVEMBER 2), 1993

Mr. ROCKEFELLER (for himself, Mr. DECONCINI, Mr. GRAHAM, Mr. AKAKA,

Mr. DASCHLE, Mr. CAMPBELL, and Mr. WELLSTONE) introduced the following bill; which was read twice and referred to the Committee on Veterans’ Affairs

MAY 23 (legislative day, MAY 16), 1994

Reported by Mr. ROCKEFELLER, with an amendment and an amendment to

the title

[Strike out all after the enacting clause and insert the part printed in italic]

A BILL

To amend title 38, United States Code, to revise the

veterans’ home loan program.

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,
2

•S 1626 RS

1 SECTION 1. SHORT TITLE.

2 This Act may be cited as the ‘‘Veterans’ Home Loan

3 Improvement Act of 1993’’.

4 SEC. 2. REVISION IN COMPUTATION OF AGGREGATE GUAR5 ANTY.

6 Section 3702(b) of title 38, United States Code, is

7 amended—

8 (1) by striking out paragraph (1) and inserting

9 in lieu thereof the following new paragraph (1):

10 ‘‘(1) the loan has been repaid in full, or the

11 Secretary has been released from liability as to the

12 loan, or if the Secretary has suffered a loss on the

13 loan, the loss has been paid in full; or’’;

14 (2) in paragraph (2), by striking out ‘‘; or’’ and

15 inserting in lieu thereof a period; and

16 (3) by striking out paragraph (3) and all that

17 follows through the end of the subsection.

18 SEC. 3. AUTHORITY TO GUARANTEE HOME REFINANCE

19 LOANS FOR ENERGY EFFICIENCY IMPROVE20 MENTS.

21 (a) LOANS.—(1) Section 3710(a) of title 38, United

22 States Code, is amended by adding after paragraph (10)

23 the following:

24 ‘‘(11) To refinance in accordance with sub25 section (e) of this section an existing loan guaran26 teed, insured, or made under this chapter, and to
3

•S 1626 RS

1 improve the dwelling securing such loan through en2 ergy efficiency improvements, as provided in sub3 section (d) of this section.’’.

4 (2) Section 3710(e)(1) of such title is amended by

5 inserting ‘‘or subsection (a)(11)’’ after ‘‘subsection

6 (a)(8)’’.

7 (b) FEE.—Section 3729(a)(2)(E) of such title is

8 amended by inserting ‘‘3710(a)(11),’’ after

9 ‘‘3710(a)(9)(B)(i),’’.

10 SECTION 1. SHORT TITLE.

11 This Act may be cited as the ‘‘Veterans Benefits and

12 Services Amendments of 1994’’.

13 SEC. 2. REVISION IN COMPUTATION OF AGGREGATE GUAR14 ANTY FOR HOME LOANS.

15 Section 3702(b) of title 38, United States Code, is

16 amended—

17 (1) by striking out paragraph (1) and inserting

18 in lieu thereof the following new paragraph (1):

19 ‘‘(1) the loan has been repaid in full, or the Sec20 retary has been released from liability as to the loan,

21 or if the Secretary has suffered a loss on the loan, the

22 loss has been paid in full; or’’;

23 (2) in paragraph (2), by striking out ‘‘; or’’ and

24 inserting in lieu thereof a period; and

25 (3) by striking out paragraph (3).
4

•S 1626 RS

1 SEC. 3. AUTHORITY TO GUARANTEE HOME REFINANCE

2 LOANS FOR ENERGY EFFICIENCY IMPROVE3 MENTS.

4 (a) LOANS.—Section 3710(a) of title 38, United States

5 Code, is amended by adding after paragraph (10) the fol6 lowing:

7 ‘‘(11) To refinance in accordance with subsection

8 (e) of this section an existing loan guaranteed, in9 sured, or made under this chapter, and to improve the

10 dwelling securing such loan through energy efficiency

11 improvements, as provided in subsection (d) of this

12 section.’’.

13 (b) AMOUNT OF GUARANTY.—Section 3710(e)(1) of

14 such title is amended—

15 (1) in the matter above subparagraph (A), by in16 serting ‘‘or subsection (a)(11)’’ after ‘‘subsection

17 (a)(8)’’; and

18 (2) by amending subparagraph (C) to read as

19 follows:

20 ‘‘(C) the amount of the loan may not exceed—

21 ‘‘(i) an amount equal to the sum of the bal22 ance of the loan being refinanced and such clos23 ing costs (including any discount permitted pur24 suant to section 3703(c)(3)(A) of this title) as

25 may be authorized by the Secretary, under regu-
5

•S 1626 RS

1 lations which the Secretary shall prescribe, to be

2 included in such loan; or

3 ‘‘(ii) in the case of a loan for a purpose

4 specified in such subsection (a)(11), an amount

5 equal to the sum of the amount referred to with

6 respect to the loan under clause (i) of this sub7 paragraph and the amount specified under sub8 section (d)(2) of this section;’’.

9 (c) FEE.—Section 3729(a)(2)(E) of such title is

10 amended by inserting ‘‘3710(a)(11),’’ after

11 ‘‘3710(a)(9)(B)(i),’’.

12 SEC. 4. EXPANSION OF PERIOD OF VIETNAM ERA FOR CER13 TAIN VETERANS.

14 (a) EXPANSION OF ERA.—Section 101(29) of title 38,

15 United States Code, is amended to read as follows:

16 ‘‘(29) The term ‘Vietnam era’ means—

17 ‘‘(A) the period beginning February 28, 1961,

18 and ending on May 7, 1975, in the case of a veteran

19 who served in the Republic of Vietnam during such

20 period; and

21 ‘‘(B) the period beginning August 5, 1964, and

22 ending on May 7, 1975, in all other cases.’’.

23 (b) EFFECTIVE DATE.—The amendment made by sub24 section (a) shall take effect on October 1, 1994. No person

25 shall be entitled to receive by reason of the amendment made
6

•S 1626 RS

1 by subsection (a) any benefits for any period before such

2 date.

3 SEC. 5. EXCLUSION OF CERTAIN PAYMENTS TO ALASKA NA4 TIVES FROM DETERMINATION OF ANNUAL IN5 COME FOR PURPOSES OF ELIGIBILITY FOR

6 PENSION.

7 Section 1503(a) of title 38, United States Code, is

8 amended—

9 (1) by striking out ‘‘and’’ at the end of para10 graph (9);

11 (2) by striking out the period at the end of para12 graph (10)(B) and inserting in lieu thereof ‘‘; and’’;

13 and

14 (3) by adding at the end the following new para15 graph:

16 ‘‘(11) cash, stock, land, or other interest referred

17 to in subparagraphs (A) through (E) below para18 graph (3) of section 29(c) of the Alaska Native Claims

19 Settlement Act (43 U.S.C. 1626(c)), whether attrib20 utable to the disposition of real property, profits from

21 the operation of real property, or otherwise, that is re22 ceived from a Native Corporation under such Act (43

23 U.S.C. 1601 et seq.).’’.
7

•S 1626 RS

1 SEC. 6. AUTHORITY TO ENTER INTO AGREEMENT FOR USE

2 OF PROPERTY AT EDWARD HINES, JR., DE3 PARTMENT OF VETERANS AFFAIRS MEDICAL

4 CENTER.

5 (a) IN GENERAL.—The Secretary of Veterans Affairs

6 may enter into a long-term lease or similar agreement with

7 the organization known as the The Caring Place at Loyola,

8 Inc., a not-for-profit organization operating under the laws

9 of the State of Illinois, to permit that organization to estab10 lish on the grounds of the Edward Hines, Jr., Department

11 of Veterans Affairs Medical Center, Hines, Illinois, a facil12 ity to provide temporary accommodations for family mem13 bers of severely ill children who are being treated at the

14 Loyola University of Chicago Medical Center.

15 (b) TERMS OF AGREEMENT.—An agreement under

16 subsection (a)—

17 (1) shall ensure that there shall be no cost to the

18 Federal Government as a result of the property use

19 authorized under that subsection;

20 (2) may permit the use of the property without

21 rent; and

22 (3) shall, to the extent practicable, ensure that

23 one room of the facility is available for the use of a

24 veteran (at no cost to the veteran) as temporary ac25 commodations for the veteran while the veteran’s se-
8

•S 1626 RS

1 verely ill child is treated at the Loyola University of

2 Chicago Medical Center.

3 Amend the title so as to read: ‘‘To amend title 38,

4 United States Code, to permit home loan guaranties for

5 energy efficiency improvements, to extend the period of

6 the Vietnam era, to exclude certain payments to Alaska

7 natives from annual income determinations for pension

8 purposes, and for other purposes.’’.
Calendar No. 435

103D CONGRESS

2D SESSION S. 1626

[Report No. 103–267]

A BILL

To amend title 38, United States Code, to revise

the veterans’ home loan program.

MAY 23 (legislative day, MAY 16), 1994

Reported with an amendment and an amendment to the

title