A bill to amend title 38, United States Code, to extend certain authorities relating to the administration of veterans laws, and for other purposes.
PL 102-291 (S.2378), enacted 05/20/1992

106 STAT. 178 
PUBLIC LAW 102-291—MAY 20, 1992 
Public Law 102-291 
102d Congress 
An Act 
May 20. 1992 
To amend title 38, United States Code, to extend certain authorities relating to 
[S. 2378] 
^ e administration of veterans laws, and for other purposes. 
Be it enacted by the Senate and House of Representatives 
of 
the United States of 
America in Congress assembled, 
SECTION 1. AUTHORITY OF SECRETARY OF VETERANS AFFAIRS TO 
MAINTAIN THE REGIONAL OFFICE IN THE PHILIPPINES. 
(a) EXTENSION.—Section 315(b) of title 38, United States Code, 
is amended by striking out "September 30, 1991" and inserting 
in lieu thereof" 
March 31, 1994". 
38 use 315 note. 
(b) EFFECTIVE DATE.—The amendment made by subsection (a) 
shall take effect as of September 30,1991. 
38 u s e 315 note. 
(c) RATIFICATION OF MAINTENANCE OF OFFICE DURING LAPSED 
PERIOD.—Any action of the Secretary of Veterans Affairs in 
maintaining a Department of Veterans Affairs Regional Office in 
the Republic of the Philippines under section 3150?) of title 38, 
United States Code, during the period beginning on October 1, 
1991, and ending on the date of the enactment of this Act is 
hereby ratified with respect to that period. 
SEC. 2. AUTHORITIES RELATING TO CERTAIN TEMPORARY PROGRAMS. 
(a) 
PROGRAM FOR TRIAL WORK 
PERIODS AND VOCATIONAL 
REHABILITATION.—Section 1163(a)(2)(B) of title 38, United States 
Code, is amended by striking out "January 31, 1992" and inserting 
in lieu thereof "December 31,1992". 
(b) PROGRAM OF VOCATIONAL TRAINING FOR NEW PENSION RECIPI-
ENTS.—Section 1524(a)(4) of such title is amended by striking out 
"January 31, 1992" and inserting in lieu thereof "December 31, 
1992". 
(c) PROTECTION OF HEALTH-CARE ELIGIBILITY.—Section 1525(b)(2) 
of such title is amended by striking out "January 31, 1992" and 
inserting in lieu thereof "December 31,1992". 
38 use 1163 
(d) EFFECTIVE DATE.—^The amendments made by subsections (a) 
note. 
through (c) shall take effect as of January 31,1992. 
38 use 1163 
(e) RATIFICATION OF ACTIONS DURING LAPSED PERIOD.—The fol-
°°**- 
lowing actions of the Secretary of Veterans Affairs during the 
period beginning on February 1, 1992, and ending on the date 
of the enactment of this Act are hereby ratified with respect to 
that period: 
(1) A failure to reduce the disability rating of a veteran 
who began to engage in a substantially gainful occupation 
during that period. 
PUBLIC LAW 102-291—MAY 20,1992 
106 STAT. 179 
(2) The provision of a vocational training program (including 
related evaluations and other related services) to a veteran 
under section 1524 of title 38, United States Code, and the 
maldng of related determinations under that section. 
(3) "nie provision of health care and services to a veteran 
pursuant to section 1525 of title 38, United States Code. 
SEC. 3. AUrH(»irnES BEIATING TO RESEARCH CORPORATIONS. 
(a) 
PERIOD FOR OBTAINING 
RECOGNITION AS TAX-EXEMPT 
ENTITY.—Section 736103) of title 38, United States Code, is amended 
hv striking out "tiiree-year period" and inserting in lieu tiiereof 
'rour-year period". 
G)) ESTABLISHMENT O
F CORPORATION.—Section 7368 of such title 
is amended by striking out ''September 30, 1991" and inserting 
in lieu thereof 
^December 31,1992". 
(c) EFFECTIVE DATE.—The amendments made by subsections (a) 38 use 7361 
and (b) shall take effect as of October 1,1991. 
"°** 
(d) RATIFICATION FOR LAPSED PERIOD.—The following actions of 38 use 7361 
the Secretary of Veterans Affairs during the period beginning on "
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October 1, 1991, and ending on the date of the enactment of tliis 
Act are hereby ratified: 
(1) A milure to dissolve a nonprofit corooration established 
under section 7361(a) of title 38, Unitea States Code, that, 
within the three-year period beginning on the date of the 
establishment of the corporation, was not recognized as an 
entity the income of wmch is exempt from taction under 
section 501(c)(3) of the Internal Revenue Code of 1986. 
(2) The establishment of a nonprofit corporation for approved 
research under section 7361(a) or title 38, United States Code. 
SEC. 
4
. 
REQUIREMENT OF 
ANNUAL 
REPORT 
ON 
FURNISHING HEALTH 
CARE. 
Section 19011(e)(1) of the Veterans' Health-Care Amendments 
of 1986 (38 U.S.C. 1710 note) is amended by striking out 'fiscal 
year 1991" and inserting in lieu thereof "fiscal year 199z^. 
SEC. 5. ENHANCED LOAN ASSET SALE AUTHORITY. 
(a) AUTHORITY.—Section 3720 of title 38, United States Code, 
is amended by adding at the end the following new subsection: 
"(hXl) The Secretary may, upon such terms and conditions as 
the Secretary considers appropriate, issue or approve the issuance 
of, and guarantee the timely pajnnent of principal and interest 
on, certincates or other securities evidencing an interest in a pool 
of mortgage loans made in connection with the sale of properties 
acquired under this chapter. 
106 STAT. 180 
PUBLIC LAW 102-291—MAY 20, 1992 
"(2) The Secretary may not under this subsection guarantee the 
pajrment of prindpcu ana interest on certificates or oUier securities 
issued or approved after December 31,1992.". 
(b) TREATMENT OF PROCEEDS.—Action 3733(e) of such title is 
amended by inserting ", and the amount received from tiie sale 
of securities under section 3720(h) of this title," after "subsection 
(aXl) of 
this section". 
Approved May 20, 1992. 
LEGISLATIVE HISTORY—S. 2378: 
CONGRESSIONAL RECORD, Vol. 138 (1992): 
Apr. 30, considered and passed Senate. 
May 7, considered and passed House.