Modification of waivers of fees collected for housing loans guaranteed, insured, or made by the Secretary of Veterans Affairs
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The wording changed from Introduced to Committee version. Removed words are struck through; added words are underlined.
How the text changed
Section 3729(c) of such title is amended— (1) in paragraph (1), by striking A fee and inserting Subject to paragraph (2), a fee; (2) by redesignating paragraph (2) as paragraph (4); and (3) by inserting after paragraph (1) the following new paragraphs: (2) During the period beginning on the date of the enactment of the Sharri Briley and Eric Edmundson Veterans Benefits Expansion Act of 2025 and ending on September 30, 2035, a fee may be collected under this section— (A) for a subsequent loan (as such term is defined in subsection (b)); and (B) from a veteran who is receiving compensation (or who, but for the receipt of retirement pay or active service pay, would be entitled to receive compensation) on the basis of a disability rated at 70 percent or less. (3) The authority under paragraph (2) shall take effect on August 1, 2026, and shall apply with respect to months beginning on or after such date..
Section 3729(b)(2) of such title is amended, in the loan fee table— (1) by striking June 9, 2034 each place it appears and inserting September 30, 2036; (2) in subparagraph (E), by striking 0.50 both places it appears and inserting 1.40; and (3) in subparagraph (I), by striking 0.50 each place it appears and inserting 1.0.
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