,,ii  #aagth ,,congress  #b;d ,session  
,h4 ,r4 #ggce  ,,in ,,the ,,senate ,,of 
,,the ,,united ,,states  ,september #ae1
 #bjbb,received  ,,an ,,act  ,to direct 
the ,secretary of ,veterans ,affairs to 
update the appraisal requirements for   
certain loans guaranteed by the         
,department of ,veterans ,affairs1 and  
for other purposes4  #a4 ,short title   
,this ,act may be cited as the          
,improving ,access to the ,,va ,home    
,loan ,benefit ,act of #bjbb4  #b4      
,recommendations for improving appraisal
 delivery times ,not later than #ij days
 after the date of the enactment of this
 ,act1 the ,secretary of ,veterans      
,affairs shall submit to the ,committees
 on ,veterans' ,affairs of the ,senate  
and ,house of ,representatives          
recommendations for improving the       
delivery times for appraisals for loans 
guaranteed by the ,department of        
,veterans ,affairs4  #c4 ,update of     
appraisal requirements for certain loans
 guaranteed by the ,department of       

,veterans ,affairs  7a7 ,updated        
regulations required ,not later than    
#ahj days after the date of the         
enactment of this ,act1 the ,secretary  
of ,veterans ,affairs shall prescribe   
updated regulations or program          
requirements to clarify when an         
appraisal is required1 how an appraisal 
is to be conducted1 and who is eligible 
to conduct an appraisal for a loan      
guaranteed by the ,department of        
,veterans ,affairs under chapter #cg of 
title #ch1 ,united ,states ,code1 for   
any purpose described in section        
#cgaj7;a7 of such title4 ,in prescribing
 updated regulations or program         
requirements under this section1 the    
,secretary shall take into consideration
 the recommendations of the ,secretary  
submitted under section #b4  7b7 ,waiver
 of requirement for certain properties  
,in prescribing updated regulations or  
program requirements under subsection   
7a71 the ,secretary shall consider      
making changes applicable to-- 7#a7     

certification requirements for          
appraisers2  7#b7 minimum property      
requirements2  7#c7 the process for     
selecting and reviewing comparable      
sales2  7#d7 quality control processes2 
7#e7 the ,assisted ,appraisal           
,processing ,program2 and  7#f7 the use 
of waivers or other alternatives to     
existing appraisal processes4  7c7 ,desk
 top appraisals ,in prescribing updated 
regulations or program guidance under   
subsection 7a71 the ,secretary shall    
provide guidance for the use of the     
authority under section #cgca7;b77#c7 of
 title #ch1 ,united ,states ,code1      
taking into consideration-- 7#a7        
situations in which the use of such     
authority would provide for cost savings
 for the borrower2 and  7#b7 situations 
in which a traditional appraisal        
requirement could cause a delay         
substantial enough to jeopardize the    
ability of a borrower to complete a     
transaction4  #d4 ,determination of     
budgetary effects ,the budgetary effects

 of this ,act1 for the purpose of       
complying with the ,statutory           
,pay-,as-,you-,go ,act of #bjaj1 shall  
be determined by reference to the latest
 statement titled ,budgetary ,effects of
 ,,paygo ,legislation for this ,act1    
submitted for printing in the           
,congressional ,record by the ,chairman 
of the ,house ,budget ,committee1       
provided that such statement has been   
submitted prior to the vote on passage4 
,passed the ,house of ,representatives  
,september #ad1 #bjbb4;,cheryl ,l4      
,johnson1,clerk4