To amend title 38, United States Code, to ensure that the Secretary of Veterans Affairs repays members of the Armed Forces for certain contributions made by such members towards Post-9/11 Educational Assistance, and for other purposes.
Summary
What This Bill Does
The bill expands extends the expiration date for VA housing loan fees by two weeks, from January 14, 2031 to January 28, 2031, establishes how the budgetary effects of this Act shall be determined for PAYGO compliance purposes, and creates simplifies the repayment calculation for service members who made voluntary contributions to the Post-9/11 GI Bill educational assistance program before contributions were eliminated. It relies on tax rate changes and compliance mandates. The main policy areas are Veterans Affairs, Finance, and Education.
Who Benefits and How
VA home loan program could gain revenue opportunities, Veterans who contributed to Post-9/11 GI Bill could face lower compliance burdens, and Department of Veterans Affairs could face lower compliance burdens.
Who Bears the Burden and How
Veterans and service members using VA housing loans could face higher costs, Service members owed Post-9/11 GI Bill contribution repayments could face increased risk, and VA housing loan program could lose revenue opportunities.
Key Provisions
- Expands extends the expiration date for VA housing loan fees by two weeks, from January 14, 2031 to January 28, 2031.
- Establishes how the budgetary effects of this Act shall be determined for PAYGO compliance purposes.
- Creates simplifies the repayment calculation for service members who made voluntary contributions to the Post-9/11 GI Bill educational assistance program before contributions were eliminated.
- Expands extends the expiration date for VA housing loan fees by two weeks, from November 14, 2031 to November 28, 2031.
- Repeals removes a proposed title 38 amendment simplifying repayment of Armed Forces members' Post-9/11 Educational Assistance contributions.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill expands extends the expiration date for VA housing loan fees by two weeks, from January 14, 2031 to January 28, 2031, establishes how the budgetary effects of this Act shall be determined for PAYGO compliance purposes, and creates simplifies the repayment calculation for service members who made voluntary contributions to the Post-9/11 GI Bill educational assistance program before contributions were eliminated.
Key Policy Areas
Veterans Affairs, Finance, Education
Primary Purpose
The bill expands extends the expiration date for VA housing loan fees by two weeks, from January 14, 2031 to January 28, 2031, establishes how the budgetary effects of this Act shall be determined for PAYGO compliance purposes, and creates simplifies the repayment calculation for service members who made voluntary contributions to the Post-9/11 GI Bill educational assistance program before contributions were eliminated.
Policy Domains
Whole bill
Identified Gains
- VA home loan program
- Veterans who contributed to Post-9/11 GI Bill
- Department of Veterans Affairs
- Department of Veterans Affairs benefits administrators
- Service members owed Post-9/11 GI Bill contribution repayments
Identified Costs
- Veterans and service members using VA housing loans
- Service members owed Post-9/11 GI Bill contribution repayments
- VA housing loan program
- Veterans using VA home loans after January 14, 2031
Sponsors
Legislative Progress
Passed HouseRead the second time and placed on the calendar
Read the first time
Received
Mr. Banks introduced the following bill; which was referred to …
Passed House (inferred from eh version)
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Congressional budget process, Department of Veterans Affairs, Department of Veterans Affairs benefits administrators
VA housing loan program, Veterans and service members using VA housing loans
VA housing loan program, Veterans and service members using VA housing loans face effects in multiple directions
Service members owed Post-9/11 GI Bill contribution repayments
Service members owed Post-9/11 GI Bill contribution repayments faces effects in multiple directions
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology