H.R. 3738, Veterans Economic Opportunity and Transition Administration Act
As ordered reported by the House Committee on Veterans’ Affairs on December 5, 2023
By Fiscal Year, Millions of Dollars
2024
2024-2028
2024-2033
Direct Spending (Outlays)
0
0
-36
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
0
0
-36
Spending Subject to Appropriation (Outlays)
1
28
66
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2034?
No
Statutory pay-as-you-go procedures apply?
Yes
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2034?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
The bill would
Establish a new administration in the Department of Veterans Affairs (VA) to oversee programs that provide education benefits, vocational training, and home loan guarantees to veterans and service members
Extend the higher rates for fees that VA charges borrowers for home loan guarantees
Estimated budgetary effects would mainly stem from
Establishing the new administration
Extending the higher fee rates charged by VA for home loan guarantees