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H.R. 1257 108th Congress House

Selected Reserve Home Loan Equity Act

Official title: To amend title 38, United States Code, to make permanent the authority for qualifying members of the Selected Reserve to have access to home loans guaranteed b… Show full official titleShow less

Official title: To amend title 38, United States Code, to make permanent the authority for qualifying members of the Selected Reserve to have access to home loans guaranteed by the Secretary of Veterans Affairs and to provide for uniformity in fees charged qualifying members of the Selected Reserve and active duty veterans for such home loans.

Introduced: March 13, 2003 See on congress.gov
Armed Forces and National Security Administrative feesArmed forces reservesEconomics and Public FinanceFederally-guaranteed loans
More subjectsShow fewer subjects
FeesFinance and Financial SectorGovernment lendingHousing and Community DevelopmentLawMortgage guaranty insuranceMortgagesVeterans' loans
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 17 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 2003
Received in the Senate and Read twice and referred to the Committee on Veterans' Affairs.
May 22, 2003
Motion to reconsider laid on the table Agreed to without objection.
May 22, 2003
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 428 - 0 (Roll no. 210). (text: CR 5/20/2003 H4275)
May 22, 2003
Considered as unfinished business. (consideration: CR H4557)
May 20, 2003
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
May 20, 2003
DEBATE - The House proceeded with forty minutes of debate on H.R. 1257.
May 20, 2003
Considered under suspension of the rules. (consideration: CR H4275-4277)
May 20, 2003
Mr. Boozman moved to suspend the rules and pass the bill.
May 19, 2003
Placed on the Union Calendar, Calendar No. 54.
May 19, 2003
Reported by the Committee on Veterans' Affairs. H. Rept. 108-107.
May 15, 2003
Ordered to be Reported by Voice Vote.
May 15, 2003
Committee Consideration and Mark-up Session Held.
May 7, 2003
Forwarded by Subcommittee to Full Committee by Unanimous Consent.
May 7, 2003
Subcommittee Consideration and Mark-up Session Held.
Mar 26, 2003
Referred to the Subcommittee on Benefits.
Mar 13, 2003
Introduced in House
Mar 13, 2003
Referred to the House Committee on Veterans' Affairs.
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
May 22, 2003 House · vote #210 On Motion to Suspend the Rules and Pass Passed 428–0 See who voted →
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 Latest action May 22, 2003

Received in the Senate and Read twice and referred to the Committee on Veterans' Affairs.

 Plain-English summary Congressional Research Service
Selected Reserve Home Loan Equity Act - Makes permanent (currently expires at the end of FY 2009) the authority for individuals who complete six years of service in the Selected Reserve to receive home loans guaranteed, insured, or made through the Department of Veterans Affairs.

Prescribes uniform fees for members of the Selected Reserve and veterans eligible for such home loans through qualifying active duty service. (Currently, separate fees apply to active duty veterans and reservists.)

 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 5
All 5 Democratic 1 Republican 1 Independent 1
R
Smith, Christopher H.
New Jersey · May 13, 2003
Faleomavaega, Eni
· Mar 25, 2003
RODRIGUEZ, CIRO
· Mar 13, 2003
 I
Sanders, Bernard
Vermont · Mar 13, 2003
 D
Waters, Maxine
California · Mar 13, 2003
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1257: Selected Reserve Home Loan Equity Act. 108th Congress. Open America. https://openamerica.io/bill/108-HR-1257/
MLA
"H.R. 1257: Selected Reserve Home Loan Equity Act." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-1257/.
Bluebook (legal)
H.R. 1257, 108th Cong. (2026), https://openamerica.io/bill/108-HR-1257/.
Markdown link
[H.R. 1257: Selected Reserve Home Loan Equity Act](https://openamerica.io/bill/108-HR-1257/)
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