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H.R. 5275 (99th): A bill to amend title 38, United States Code, to provide for variable rates of interest on loans made by the Veterans’ Administration and secured by National Service Life Insurance policies.


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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


7/29/1986--Introduced. Amends Federal law relating to veterans' life insurance to direct the Administrator of Veterans Affairs, on January 1 of each year, to establish a variable rate of interest for loans made to veterans by the Veterans Administration and secured by National Service Life Insurance policies.