The text of the bill below is as of May 20, 1992 (Passed Congress).
S.2378
One Hundred Second Congress of the United States of America
AT THE SECOND SESSION
Begun and held at the City of Washington on Friday, the third day of January,
one thousand nine hundred and ninety-two
An Act
To amend title 38, United States Code, to extend certain authorities relating to
the administration of veterans laws, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. AUTHORITY OF SECRETARY OF VETERANS AFFAIRS TO MAINTAIN THE REGIONAL OFFICE IN THE PHILIPPINES.
SECTION 1. AUTHORITY OF SECRETARY OF VETERANS AFFAIRS TO MAINTAIN THE REGIONAL OFFICE IN THE PHILIPPINES.
(a) EXTENSION- Section 315(b) of title 38, United States Code, is amended by striking out ‘September 30, 1991’ and inserting in lieu thereof ‘March 31, 1994’.
(b) EFFECTIVE DATE- The amendment made by subsection (a) shall take effect as of September 30, 1991.
(c) RATIFICATION OF MAINTENANCE OF OFFICE DURING LAPSED PERIOD- Any action of the Secretary of Veterans Affairs in maintaining a Department of Veterans Affairs Regional Office in the Republic of the Philippines under section 315(b) of title 38, United States Code, during the period beginning on October 1, 1991, and ending on the date of the enactment of this Act is hereby ratified with respect to that period.
SEC. 2. AUTHORITIES RELATING TO CERTAIN TEMPORARY PROGRAMS.
(a) PROGRAM FOR TRIAL WORK PERIODS AND VOCATIONAL REHABILITATION- Section 1163(a)(2)(B) of title 38, United States Code, is amended by striking out ‘January 31, 1992’ and inserting in lieu thereof ‘December 31, 1992’.
(b) PROGRAM OF VOCATIONAL TRAINING FOR NEW PENSION RECIPIENTS- Section 1524(a)(4) of such title is amended by striking out ‘January 31, 1992’ and inserting in lieu thereof ‘December 31, 1992’.
(c) PROTECTION OF HEALTH-CARE ELIGIBILITY- Section 1525(b)(2) of such title is amended by striking out ‘January 31, 1992’ and inserting in lieu thereof ‘December 31, 1992’.
(d) EFFECTIVE DATE- The amendments made by subsections (a) through (c) shall take effect as of January 31, 1992.
(e) RATIFICATION OF ACTIONS DURING LAPSED PERIOD- The following actions of the Secretary of Veterans Affairs during the period beginning on February 1, 1992, and ending on the date of the enactment of this Act are hereby ratified with respect to that period:
(1) A failure to reduce the disability rating of a veteran who began to engage in a substantially gainful occupation during that period.
(2) The provision of a vocational training program (including related evaluations and other related services) to a veteran under section 1524 of title 38, United States Code, and the making of related determinations under that section.
(3) The provision of health care and services to a veteran pursuant to section 1525 of title 38, United States Code.
SEC. 3. AUTHORITIES RELATING TO RESEARCH CORPORATIONS.
(a) PERIOD FOR OBTAINING RECOGNITION AS TAX-EXEMPT ENTITY- Section 7361(b) of title 38, United States Code, is amended by striking out ‘three-year period’ and inserting in lieu thereof ‘four-year period’.
(b) ESTABLISHMENT OF CORPORATION- Section 7368 of such title is amended by striking out ‘September 30, 1991’ and inserting in lieu thereof ‘December 31, 1992’.
(c) EFFECTIVE DATE- The amendments made by subsections (a) and (b) shall take effect as of October 1, 1991.
(d) RATIFICATION FOR LAPSED PERIOD- The following actions of the Secretary of Veterans Affairs during the period beginning on October 1, 1991, and ending on the date of the enactment of this Act are hereby ratified:
(1) A failure to dissolve a nonprofit corporation established under section 7361(a) of title 38, United States Code, that, within the three-year period beginning on the date of the establishment of the corporation, was not recognized as an entity the income of which is exempt from taxation under section 501(c)(3) of the Internal Revenue Code of 1986.
(2) The establishment of a nonprofit corporation for approved research under section 7361(a) of title 38, United States Code.
SEC. 4. REQUIREMENT OF ANNUAL REPORT ON FURNISHING HEALTH CARE.
Section 19011(e)(1) of the Veterans’ Health-Care Amendments of 1986 (38 U.S.C. 1710 note) is amended by striking out ‘fiscal year 1991’ and inserting in lieu thereof ‘fiscal year 1992’.
SEC. 5. ENHANCED LOAN ASSET SALE AUTHORITY.
(a) AUTHORITY- Section 3720 of title 38, United States Code, is amended by adding at the end the following new subsection:
‘(h)(1) The Secretary may, upon such terms and conditions as the Secretary considers appropriate, issue or approve the issuance of, and guarantee the timely payment of principal and interest on, certificates or other securities evidencing an interest in a pool of mortgage loans made in connection with the sale of properties acquired under this chapter.
‘(2) The Secretary may not under this subsection guarantee the payment of principal and interest on certificates or other securities issued or approved after December 31, 1992.’.
(b) TREATMENT OF PROCEEDS- Section 3733(e) of such title is amended by inserting ‘, and the amount received from the sale of securities under section 3720(h) of this title,’ after ‘subsection (a)(1) of this section’.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.
