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38 U.S.C. § 3763 — Native American Veteran Housing Loan Program Account

submitted 34 years ago by Pub. L. 102-547 to r/title-38-VETERANS-BENEFITS · 138 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section creates the Native American Veteran Housing Loan Program Account. It identifies the money credited to the account and how the account may be used for the program.

(a) There is hereby established in the Treasury of the United States an account known as the “Native American Veteran Housing Loan Program Account” (hereinafter in this subchapter referred to as the “Account”).

(b) The Account shall be available to the Secretary to carry out all operations relating to the making of direct housing loans to Native American veterans under this subchapter, including any administrative expenses relating to the making of such loans. Amounts in the Account shall be available without fiscal year limitation.

(c) Of amounts available in the Account, the Secretary may use for loans made under section 3762A of this title —
(1) in fiscal year 2025, not more than $5,000,000; and
(2) in any fiscal year after fiscal year 2025, an amount determined necessary by the Secretary to meet the demand for such loans.

the actual law source: uscode.house.gov ↗public domain
(a)

There is hereby established in the Treasury of the United States an account known as the “Native American Veteran Housing Loan Program Account” (hereinafter in this subchapter referred to as the “Account”).

(b)

The Account shall be available to the Secretary to carry out all operations relating to the making of direct housing loans to Native American veterans under this subchapter, including any administrative expenses relating to the making of such loans. Amounts in the Account shall be available without fiscal year limitation.

(c)

Of amounts available in the Account, the Secretary may use for loans made under section 3762A of this title—

(1)

in fiscal year 2025, not more than $5,000,000; and

(2)

in any fiscal year after fiscal year 2025, an amount determined necessary by the Secretary to meet the demand for such loans.

Source credit: (Added Pub. L. 102–547, § 8(a), Oct. 28, 1992, 106 Stat. 3639; amended Pub. L. 105–368, title VI, § 602(e)(3)(B), Nov. 11, 1998, 112 Stat. 3347; Pub. L. 107–14, § 8(a)(16), June 5, 2001, 115 Stat. 35; Pub. L. 118–210, title II, § 232(c), Jan. 2, 2025, 138 Stat. 2788.)

history & why it existsrecord from the source credit
  • 1992Enacted · Pub. L. 102-547 · 106 Stat. 3639
  • 1998Amended · Pub. L. 105-368 · 112 Stat. 3347
  • 2001Amended · Pub. L. 107-14 · 115 Stat. 35
  • 2025Amended · Pub. L. 118-210 · 138 Stat. 2788

A history note hasn’t been published yet. The record shows enactment by Pub. L. 102-547 on 1992-10-28.

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