Plain English Breakdown
The exact nature and extent of the technical changes are not specified.
Veterans' Benefits: Farm and Home Purchase
The bill makes minor adjustments to the existing law related to veterans buying farms or homes through a special loan program.
What This Bill Does
- Updates some parts of the Veterans’ Farm and Home Purchase Act of 1974, which is also called the CalVet Home Loan Program.
- Makes technical changes that do not alter how the program operates or who can use it.
Who It Names or Affects
- Veterans who want to buy farms or homes through a special loan program.
- The Department of Veterans Affairs, which runs the CalVet Home Loan Program.
Terms To Know
- CalVet Home Loan Program
- A program that helps veterans get loans to buy farms or homes.
- Veterans’ Farm and Home Purchase Act of 1974
- The law that created the CalVet Home Loan Program.
Limits and Unknowns
- The bill only makes technical, nonsubstantive changes to how the program is described.
- It does not specify what kind of changes will be made to the existing law.