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H.R. 1885

Veterans Home Loan Refinance Opportunity Act of 2013

Veterans Home Loan Refinance Opportunity Act of 2013 - Amends Internal Revenue Code provisions relating to tax-exempt veterans' mortgage bonds to permit: (1) proceeds from such bonds to refinance residences of veterans (currently, bond financing limited to new mortgages); (2) an annual inflation adjustment after 2013 to the amounts of veterans' mortgage bonds that states may issue; and (3) an increase from 1.125 % to 1.50% in the amount by which interest on veterans' mortgages may exceed the yield on a bond issue.

Referred to the House Committee on Ways and Means.

Rep. Davis, Susan A. [D-CA-53](D-CA)Sponsor
4 cosponsors4 D
4cosponsors1committees4actions6subjects
  • Introduced in HouseMay 8, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralB00100

    Sponsor introductory remarks on measure. (CR E618-619)

  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Veterans Home Loan Refinance Opportunity Act of 2013 — Informed