Page:United States Statutes at Large Volume 120.djvu/431

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[120 STAT. 400]
PUBLIC LAW 109-000—MMMM. DD, 2006
[120 STAT. 400]

120 STAT. 400 38 USC 3762.

PUBLIC LAW 109–233—JUNE 15, 2006

(3) by striking subsection (c). (b) REPORTS.—Section 3762(j) of such title is amended to read as follows: ‘‘(j) The Secretary shall include as part of the annual benefits report of the Veterans Benefits Administration information concerning the cost and number of loans provided under this subchapter for the fiscal year covered by the report.’’. (c) CONFORMING AMENDMENTS.— (1) SECTION 3762.—Section 3762 of such title is amended— (A) in subsection (a), by inserting ‘‘under this subchapter’’ after ‘‘to a Native American veteran’’; (B) in subsection (b)(1)(E), by striking ‘‘the pilot program established under this subchapter is implemented’’ and inserting ‘‘loans under this subchapter are made’’; (C) in subsection (c)(1)(B), by striking ‘‘carry out the pilot program under this subchapter in a manner that demonstrates the advisability of making direct housing loans’’ in the second sentence and inserting ‘‘make direct housing loans under this subchapter’’; (D) in subsection (i)— (i) by striking ‘‘the pilot program provided for under this subchapter and’’ in paragraph (1); (ii) by striking ‘‘under the pilot program and in assisting such organizations and veterans in participating in the pilot program’’ in paragraph (2)(A) and inserting ‘‘under this subchapter and in assisting such organizations and veterans with respect to such housing benefits’’; and (iii) by striking ‘‘in participating in the pilot program’’ in paragraph (2)(E) and inserting ‘‘with respect to such benefits’’. (2) CONFORMING REPEAL.—Section 8(b) of the Veterans Home Loan Program Amendments of 1992 (Public Law 102– 547; 38 U.S.C. 3761 note) is repealed. (d) ESTABLISHMENT OF MAXIMUM AMOUNT OF LOANS.—Section 3762(c)(1)(B) of title 38, United States Code, is amended— (1) by striking ‘‘(B) The’’ and inserting ‘‘(B)(i) Subject to clause (ii), the’’; and (2) by adding at the end the following new clause: ‘‘(ii) The amount of a loan made by the Secretary under this subchapter may not exceed the maximum loan amount authorized for loans guaranteed under section 3703(a)(1)(C) of this title.’’. (e) TECHNICAL AMENDMENT.—Subsection (c)(1)(A) of section 3762 of such title is amended by inserting ‘‘veteran’’ after ‘‘Native American’’. (f) CLERICAL AMENDMENTS.— (1) SUBCHAPTER HEADING.—The heading for subchapter V of chapter 37 of such title is amended to read as follows: ‘‘SUBCHAPTER V—DIRECT HOUSING LOANS FOR NATIVE AMERICAN VETERANS’’. (2) SECTION HEADING.—The heading for section 3761 of such title is amended to read as follows:

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