Page:United States Statutes at Large Volume 120.djvu/430

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.
[120 STAT. 399]
PUBLIC LAW 109-000—MMMM. DD, 2006
[120 STAT. 399]

PUBLIC LAW 109–233—JUNE 15, 2006

120 STAT. 399

(c) COORDINATION OF ADMINISTRATION OF BENEFITS.—Chapter 21 of such title is further amended by adding at the end the following new section: ‘‘§ 2107. Coordination of administration of benefits ‘‘The Secretary shall provide for the coordination of the administration of programs to provide specially adapted housing that are administered by the Under Secretary for Health and such programs that are administered by the Under Secretary for Benefits under this chapter, chapter 17, and chapter 31 of this title.’’. (d) CLERICAL AMENDMENTS.—The table of sections at the beginning of such chapter is amended— (1) by inserting after the item relating to section 2102 the following new item: ‘‘2102A. Assistance for veterans residing temporarily in housing owned by a family member.’’;

and (2) by adding at the end the following new item: ‘‘2107. Coordination of administration of benefits.’’.

(e) GAO REPORTS.— (1) INTERIM REPORT.—Not later than three years after the date of the enactment of this Act, the Comptroller General shall submit to Congress an interim report on the implementation by the Secretary of Veterans Affairs of section 2102A of title 38, United States Code, as added by subsection (a). (2) FINAL REPORT.—Not later than five years after the date of the enactment of this Act, the Comptroller General shall submit to Congress a final report on the implementation of such section. (f) TEMPORARY INCREASE IN CERTAIN HOUSING LOAN FEES.— For a subsequent loan described in subsection (a) of section 3710 of title 38, United States Code, to purchase or construct a dwelling with 0-down or any other subsequent loan described in that subsection, other than a loan with 5-down or 10-down, that is closed during fiscal year 2007, the Secretary of Veterans Affairs shall apply section 3729(b)(2) of such title by substituting ‘‘3.35’’ for ‘‘3.30’’.

38 USC 3729 note.

SEC. 102. ADJUSTABLE RATE MORTGAGES.

Section 3707A(c)(4) of title 38, United States Code, is amended by striking ‘‘1 percentage point’’ and inserting ‘‘such percentage points as the Secretary may prescribe’’. SEC. 103. PERMANENT AUTHORITY TO MAKE DIRECT HOUSING LOANS TO NATIVE AMERICAN VETERANS.

(a) PERMANENT AUTHORITY.—Section 3761 of title 38, United States Code, is amended— (1) in subsection (a)— (A) by striking ‘‘establish and implement a pilot program under which the Secretary may’’ in the first sentence; and (B) by striking ‘‘shall establish and implement the pilot program’’ in the third sentence and inserting ‘‘shall make such loans’’; (2) in subsection (b), by striking ‘‘In carrying out the pilot program under this subchapter, the’’ and inserting ‘‘The’’; and

VerDate 14-DEC-2004

10:20 Jul 12, 2007

Jkt 059194

PO 00001

Frm 00397

Fmt 6580

Sfmt 6581

E:\PUBLAW\PUBL001.109

APPS06

PsN: PUBL001