United States 112th Congress Status: Died 1 D cosponsors

S 3348 — A bill to amend title 38, United States Code, to improve the multifamily transitional housing loan program of the Department of Veterans Affairs, and for other purposes.

Last action — Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4682)

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. Died in session

This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Authorizes the Secretary of Veterans Affairs, with respect to loans guaranteed by the Department of Veterans Affairs (VA) for multifamily transitional housing for veterans and their families, to: (1) pay the guarantee amount, in full or in part, if the loan is not in default; and (2) forgive, waive, release, or discharge (waive) the borrower's liability with respect to the loan. Provides that the amount paid or waived: (1) shall not be included in the borrower's gross income; and (2) with respect to the low-income housing credit, shall not be treated as an amount derived from a federal grant and shall not otherwise reduce the borrower's depreciable or eligible basis for such housing project.

Bill Text

We don't have the full text on file for this bill yet.

Read S 3348 on the official United States source →

Action History

  1. Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4682)

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

finance housing veterans
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Frequently asked questions

What does S 3348 do?
Authorizes the Secretary of Veterans Affairs, with respect to loans guaranteed by the Department of Veterans Affairs (VA) for multifamily transitional housing for veterans and their families, to: (1) pay the guarantee amount, in full or in part, if the loan is not in default; and (2) forgive, waive, release, or discharge (waive) the borrower's liability with respect to the loan. Provides that the amount paid or waived: (1) shall not be included in the borrower's gross income; and (2) with respect to the low-income housing credit, shall not be treated as an amount derived from a federal grant and shall not otherwise reduce the borrower's depreciable or eligible basis for such housing project.
Who sponsors S 3348?
S 3348 is sponsored by Richard Durbin (D).
What is the current status of S 3348?
This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track S 3348?
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