The bill would make the following changes to programs affecting various benefits administered by the Department of Veterans Affairs (VA).
Section 4 would temporarily increase the fees that VA charges borrowers for home loan guarantees in 2031.
Section 2 would authorize VA to provide additional automobile grants to veterans who have specified service-connected disabilities that usually impair their mobility and have not received such a grant in the preceding 25 years. (Beginning 10 years after enactment, veterans would become eligible for an additional grant if they had not received an automobile grant within 10 years. As a result, CBO estimates that costs would be significantly higher in subsequent decades.)