S 3068 United States Senate · 118th Congress

VA Home Loan Awareness Act of 2023

This bill requires lenders using the Uniform Residential Loan Application to add a specific disclaimer below the military service question: "If yes, you may qualify for a VA Home Loan. Consult your lender regarding eligibility." It directly affects military service members and veterans applying for home loans, aiming to increase awareness of VA loan eligibility. The bill mandates this change within six months of enactment and requires a GAO study within 18 months to assess whether at least 80% of lenders include the disclaimer on the form.

Issues: ✓ Veterans

Bill status passed 3 of 5 stages cleared

Introduction

Oct 2023

Committee Review

Jul 2024

Senate Passage

Jul 2024

House Passage

President

Introduced Oct 18, 2023 Last action Jul 15, 2024

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jul 11, 2024

Upper · Passed

Passed Senate without amendment by Unanimous Consent. (text: CR S5147)

upper

Jul 11, 2024

Upper · Passed

Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.

upper

Jul 11, 2024

Upper · Passed

Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5147)

upper

Jul 11, 2024

Upper · Passed

Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.

upper

Mar 12, 2024

Upper · Passed

Committee on Banking, Housing, and Urban Affairs. Hearings held.

upper

Oct 18, 2023

Committee

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

upper

Oct 18, 2023

Introduced

Introduced in Senate

upper

1 primary · 26 co-sponsors