,i  #aahth ,,congress  #b;d ,session    
,h4 ,r4 #hfjg  ,,in ,,the ,,house ,,of  
,,representatives  ,june #d1 #bjbd ,mr4 
,clyburn 7for himself and ,mr4 ,moulton7
 introduced the following bill2 which   
was referred to the ,committee on       
,veterans' ,affairs  ,a ,,bill  ,to     
amend title #ch1 ,united ,states ,code1 
to make certain legatees of certain     
veterans eligible for housing loans     
guaranteed by the ,secretary of         
,veterans ,affairs1 and for other       
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,,va ,housing ,loan 
,forever ,act of #bjbd4  #b4 ,transfer  
of eligibility of certain veterans for  
housing loans guaranteed by the         
secretary of veterans affairs to certain
 legatees  7a7 ,transfer of benefits    
,chapter #cg of title #ch1 ,united      
,states ,code1 is amended by inserting  
after section #cgcf the following new   
section 7and conforming the table of    
sections at the beginning of such       
chapter accordingly73  #cgcg4 ,authority

 to transfer housing loan benefits to   
legatees  7a7 ,benefits transferred from
 a living veteran  7#a7 ,a veteran      
described in paragraph 7#b7 may elect to
 transfer the housing loan benefits of  
the veteran to one or more legatees of  
the veteran4  7#b7 ,a veteran described 
in this paragraph is a veteran--  7,a7  
whose service in the active military1   
naval1 air1 or space service 7or any    
part of such service7 occurred between  
,january #a1 #aidd1 and ,december #ca1  
#aigg2 and  7,b7 who has not received   
housing loan benefits under this        
chapter4  7b7 ,benefits transferred from
 a deceased veteran  7#a7 ,during the   
#aj-year period beginning one year after
 the date of the enactment of the ,,va  
,housing ,loan ,forever ,act of #bjbd1  
the ,secretary shall transfer the       
housing loan benefits of a veteran      
described in paragraph 7#b7 to each     
individual-- 7,a7 who applies to the    
,secretary for purposes of this         
subsection during such #aj-year period2 

and  7,b7 whom the ,secretary determines
 is a legatee of such veteran4  7#b7 ,a 
veteran described in this paragraph is a
 veteran--  7,a7 whose service in the   
active military1 naval1 air1 or space   
service 7or any part of such service7   
occurred between ,january #a1 #aidd1 and
 ,december #ca1 #aigg2  7,b7 who is     
deceased2  7,c7 who died before the end 
of the period described in paragraph    
7#a72  7,d7 who died before the         
individual applied as described in      
paragraph 7#a72  7,e7 who did not       
receive housing loan benefits under this
 chapter during the lifetime of the     
veteran2 and  7,f7 who did not elect to 
transfer such housing loan benefits     
pursuant to subsection 7a7 before dying4
  7#c7 ,a determination of the          
,secretary under this subsection shall  
be subject to section #eajd;,c of this  
title without regard to the time period 
described in paragraph 7#a74  7c7       
,treatment of a legatee ,a legatee to   
whom housing loan benefits are          

transferred pursuant to this section    
shall be treated as a veteran for       
purposes of housing loans under this    
chapter4  7d7 ,amount of transferred    
benefit ,each legatee to whom housing   
loan benefits is transferred pursuant to
 this section shall receive the full    
housing loan benefits of the veteran    
from whom such benefits are transferred4
  7e7 ,commencement of use ,a legatee to
 whom housing loan benefits are         
transferred pursuant to this section may
 use such housing loan benefits         
immediately upon such transfer4  7f7    
,nontransferability of transferred      
benefits ,a legatee to whom housing loan
 benefits are transferred pursuant to   
this section may not transfer such      
benefits4  7g7 ,revocation of transfer  
,a veteran who transfers housing loan   
benefits pursuant to subsection 7a7 may1
 before the legatee uses such benefit1  
revoke such transfer by submission of   
written notice of such revocation to the
 ,secretary4  7h7 ,legatee who becomes  

an eligible veteran  7#a7 ,nothing in   
this section shall be construed to      
prohibit a legatee to whom housing loan 
benefits are transferred pursuant to    
this section from becoming otherwise    
eligible for housing loan benefits under
 this chapter4  7#b7 ,a legatee         
described in paragraph 7#a7 may elect to
 use such transferred benefits or such  
benefits to which the legatee is        
otherwise eligible4  7i7 ,payment of    
certain fees ,a legatee to whom housing 
loan benefits are transferred pursuant  
to this section may not be exempt from  
paying a fee under section #cgbi7;c7 of 
this title4  7j7 ,legatee defined ,in   
this section1 the term legatee means1   
with regards to a veteran--  7#a7 a     
spouse or surviving spouse2  7#b7 a     
biological or legally adopted child2    
7#c7 a grandchild2 and  7#d7 any other  
direct descendant4  4  7b7 ,expansion of
 definition of veteran for purposes of  
housing loan benefits ,section #cgja7;b7
 of title #ch1 ,united ,states ,code1 is

 amended by adding at the end the       
following new paragraph3  7#h7 ,the term
 veteran also includes1 for purposes of 
housing loans1 a legatee to whom housing
 loan benefits are transferred pursuant 
to section #cgcg of this title4  4  7c7 
,expansion of eligibility ,section      
#cgjb7;a77#b7 of such title is amended  
by adding at the end the following new  
subparagraph3  7,h7 ,each legatee to    
whom housing loan benefits are          
transferred pursuant to section #cgcg of
 this title4  4  7d7 ,regulations ,not  
later than one year after the date of   
the enactment of this ,act1 the         
,secretary of ,veterans ,affairs shall  
prescribe regulations to carry out the  
amendments made by this section4