HR 834

112th CONGRESS
1st Session

H. R. 834

To amend the Internal Revenue Code of 1986 to allow eligible veterans to use qualified veterans mortgage bonds to refinance home loans, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

February 28, 2011

Mrs. DAVIS of California (for herself, Mr. WU, Mr. KIND, Mr. DEFAZIO, Mr. BLUMENAUER, Mr. SCHRADER, Mr. FILNER, Mr. CALVERT, and Ms. BALDWIN) introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to allow eligible veterans to use qualified veterans mortgage bonds to refinance home loans, and for other purposes.

SECTION 1. SHORT TITLE.

SEC. 2. MODIFICATION OF QUALIFIED VETERANS' MORTGAGE BONDS PROGRAM TO ALLOW ELIGIBLE VETERANS TO REFINANCE CURRENT HOME LOANS.

SEC. 3. INFLATION ADJUSTMENT OF STATE VETERANS LIMIT.

SEC. 4. MODIFICATION OF MATERIALLY HIGHER YIELD FOR MORTGAGES MADE FROM QUALIFIED VETERANS' MORTGAGE BONDS.

END