About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1 H.R. 6737, Protect Affordable Mortgages for Veterans Act of 2018 1 (October 17, 2018)

handle is hein.congrec/cbopamv0001 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE October 17, 2018 SUMMARY H.R. 6737 would authorize the Government National Mortgage Association (Ginnie Mae) to guarantee securities that contain certain mortgages refinanced by the Department of Veterans Affairs (VA) mortgage guarantee program. CBO estimates that enacting the legislation would reduce direct spending by $3 million in 2019; therefore, pay-as-you-go procedures apply. Enacting H.R. 6737 would not affect revenues. CBO estimates that enacting H.R. 6737 would not increase net direct spending or on- budget deficits in any of the four consecutive 10-year periods beginning in 2029. H.R. 6737 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of H.R. 6737 is shown in the following table. The costs of the legislation fall within budget function 370 (commerce and housing credit). By Fiscal Year, in Millions of Dollars 2019- 2019- 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2023 2028 INCREASES IN DIRECT SPENDING Estimated Budget Authority -3 0 0 0 0 0 0 0 0 0 -3 -3 Estimated Outlays -3 0 0 0 0 0 0 0 0 0 -3 -3 a H.R. 6737 Protect Affordable Mortgages for Veterans Act of 2018 As passed by the House of Representatives on September 26, 2018

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most