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HR 3742 110th Congress House

To amend the Internal Revenue Code of 1986 to make permanent the use of qualified mortgage bonds to finance residences for veterans without regard to the first-time homebuyer requirement.

Introduced: October 3, 2007 See on congress.gov
Taxation Armed Forces and National SecurityBondsFinance and Financial SectorHome ownership
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Housing and Community DevelopmentHousing financeMortgagesVeterans' benefits
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This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 3, 2007
Referred to the House Committee on Ways and Means.
Oct 3, 2007
Introduced in House
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 Latest action October 3, 2007

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to make permanent the use of tax-exempt mortgage revenue bonds to finance the purchase of residences for veterans who are exempt from prior homeownership requirements.

 Related & companion bills 2
  • HR 3629 Related bill Providing Tax Fairness for Service Members and Veterans Act of 2007
  • HR 3816 Related bill Military Financial Assistance Act of 2007
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
McCollum, Betty
Minnesota · Oct 17, 2007
 D
Cohen, Steve
Tennessee · Oct 3, 2007
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3742: To amend the Internal Revenue Code of 1986 to make permanent the use of qualified mortgage bonds to finance residences for veterans without regard to the first-time homebuyer requirement.. 110th Congress. Open America. https://openamerica.io/bill/110-HR-3742/
MLA
"H.R. 3742: To amend the Internal Revenue Code of 1986 to make permanent the use of qualified mortgage bonds to finance residences for veterans without regard to the first-time homebuyer requirement.." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-3742/.
Bluebook (legal)
H.R. 3742, 110th Cong. (2026), https://openamerica.io/bill/110-HR-3742/.
Markdown link
[H.R. 3742: To amend the Internal Revenue Code of 1986 to make permanent the use of qualified mortgage bonds to finance residences for veterans without regard to the first-time homebuyer requirement.](https://openamerica.io/bill/110-HR-3742/)
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