Page:United States Statutes at Large Volume 90 Part 1.djvu/770

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PUBLIC LAW 94-000—MMMM. DD, 1976

90 STAT. 720

PUBLIC LAW 94-324—JUNE 30, 1976

Public Law 94-324 94th Congress An Act June 30. 1976 [S. 2529]

To amend chapter 37 of title 38, United States Code, to increase the maximum Veterans' Administration's guaranty for mobile home loans from 30 to 50 percent, to make permanent the direct loan revolving fund, to extend entitlement under chaper 37 to those veterans who served exclusively between World War II and the Korean conflict, and for other purposes.

Be it enacted by the Senate and House of Representatives of the Veterans Housing United States of America in Congress assembled, That this Act may Amendments Act be cited as the "Veterans Housing Amendments Act of 1976". of 1976. SEC. 2. (a) Subchapter I of chapter 37 of title 38, United States 38 USC 1801 Code, is amended by adding at the end thereof the following new note. section: 38 USC 1801. 38 USC 1807. "§ 1807. Service after July 25, 1947, and prior to June 27, 1950 "Each veteran whose only active duty service occurred after July 25, 1947, and prior to June 27, 1950, and who— "(1) served for a period of more than 180 days and was discharged or released therefrom under conditions other than dishonorable; or " (2) served for a period of 180 days or less and was discharged or released for a service-connected disability; shall be eligible for benefits of this chapter.". (b) The table of sections for subchapter I of chapter 37 of title 38, United States Code, is amended by adding at the end thereof the following new item: "1807. Service after July 25, 1947, and prior to June 27, 1950.".

SEC. 3, Section 1811(d) of title 38, United States Code, is amended— (1) by striking out in paragraph (2)(A) "$21,000" the first time it appears and inserting in lieu thereof "$33,000", by striking out in paragraph (2)(A) "$21,000", the second time it appears and all that follows thereafter and inserting in lieu thereof "$33,000."; and (2) by striking out in paragraph (3) "$21,000;" and all that follows thereafter and inserting in lieu thereof "$33,000.". SEC. 4. Section 1818(a) of title 38, United States Code, is amended to read as follows: "(a) Each veteran who served on active duty, any part of which occurred after January 31, 1955, and who— "(1) served for a period of more than 180 days and was discharged or released therefrom under conditions other than dishonorable; "(2) has served more than 180 days in active duty status and continues on a<;tive duty without a break therein; or "(3) was discharged or released from active duty after such date for a service-connected disability; shall be eligible for the benefits of this chapter, subject to the provisions of this section.". SEC. 5. Section 1819(c)(3) of title 38, United States Code, is amended by striking out "30 per centum" and inserting in lieu thereof "50 percent" in the first sentence.