S. 2496 118th Congress Senate

VALID Act of 2023

Official title: A bill to amend the National Housing Act to include information regarding VA home loans in the Informed Consumer Choice Disclosure required to be provided to prospective FHA borrowers.

Introduced: September 12, 2023 See on congress.gov

Housing and Community Development Consumer affairsGovernment information and archivesGovernment lending and loan guaranteesHousing finance and home ownershipVeterans' loans, housing, homeless programs

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 25, 2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Jul 25, 2023

Introduced in Senate

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Latest action July 25, 2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Plain-English summary Congressional Research Service

VA Loan Informed Disclosure Act of 2023 or the VALID Act of 2023

The bill requires a Federal Housing Administration mortgage notice to contain comparative rate and fee information about loans available under the Department of Veterans Affairs home loan program.

Related & companion bills 1

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Banking, Housing, and Urban Affairs Committee
Senate

Lobbying activity 1

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

FORBES-TATE
for BROKER ACTION COALITION · Pennsylvania · 1st Quarter 2025 (Jan 1 - Mar 31)

Bodies those filers lobbied

HOUSE OF REPRESENTATIVES
1 filing
SENATE
1 filing

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

Cosponsors 16