108th CONGRESS
2d Session
H. R. 4616
To amend title 38, United States Code, to extend for four years the
operation of the demonstration project of the Secretary of Veterans Affairs
to guarantee hybrid adjustable rate mortgages for the construction or purchase
of homes by veterans.
IN THE HOUSE OF REPRESENTATIVES
June 18, 2004
Mrs. DAVIS of California (for herself, Mr. EVANS, and Mr. MICHAUD) introduced
the following bill; which was referred to the Committee on Veterans' Affairs
A BILL
To amend title 38, United States Code, to extend for four years the
operation of the demonstration project of the Secretary of Veterans Affairs
to guarantee hybrid adjustable rate mortgages for the construction or purchase
of homes by veterans.
Be it enacted by the Senate and House of Representatives of the United States
of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Veterans' Adjustable Rate Home Loan Extension
Act of 2004'.
SEC. 2. FOUR-YEAR EXTENSION OF HYBRID ADJUSTABLE RATE MORTGAGE GUARANTEE DEMONSTRATION
PROGRAM.
Subsection (a) of section 3707A of title 38, United States Code, is amended
by striking `during fiscal years 2004 and 2005'and inserting `during fiscal
years 2004 through 2009'.
END
