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A bill to amend title 38 of the United States Code relating to basic provisions of the loan guaranty program for veterans.

Public Law 93-75 · H.R. 8949 · 93rd Congress · began in the House

Signed by Richard Nixon (R) on Jul 26, 1973 · Armed Forces and National Security

Sponsor: Rep. Charles Carney (D-OH-19)

Cosponsors: None

Passage votes

  • HouseMethod not stated
  • SenateMethod not stated
Data notes

The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.

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Summary

The Congressional Research Service’s plain-language summary of what the law does.

Provides that interest rates under the loan guaranty program for veterans may exceed the interest rates specified under the National Housing Act.

Authorizes the Administrator of Veterans' Affairs independently to adjust the rate of interest on guaranteed loans after consultation with the Secretary of Housing and Urban Development.

Requires the Administrator, to the maximum extent practicable, to carry out a coordinated policy with the Secretary regarding interest rates on such loans.

Committees

The committees the bill was sent to, and what each did with it.

Data notes

A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.

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Timeline

From introduction to signing, newest first: the committees, the floor and the president. 9 actions.

  1. Jul 26, 1973Became lawBecame law · Signed by President.
  2. PresidentPresident · Public law 93-75.
  3. Jul 20, 1973PresidentPresident · Measure presented to President.
  4. Jul 19, 1973Resolving differencesResolving differences · House agreed to Senate amendments.
  5. Jul 18, 1973FloorFloor · Measure passed Senate, amended in lieu of S. 2087.
  6. Jul 17, 1973FloorFloor · Measure passed House, amended, roll call #344 (411-3).House roll call 344
  7. Jun 28, 1973CommitteeCommittee · Reported by House Veterans' Affairs Committee
  8. Jun 25, 1973CommitteeCommittee · Referred to House Veterans' Affairs Committee
  9. IntroducedIntroduced · Introduced in the House
Data notes

Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.

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Official record

The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.