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A bill to revise further the limitation applicable to chapter 37 of title 38, United States Code, for fiscal year 1986, for the purpose of implementing any order issued by the President for such fiscal year under any law providing for the sequestration of new loan guarantee commitments.

Public Law 99-322 · S. 2416 · 99th Congress · began in the Senate

Signed by Ronald Reagan (R) on May 23, 1986 · Armed Forces and National Security

Sponsor: Sen. Frank Murkowski (R-AK)

Cosponsors (10): Sen. Alan Cranston, Sen. Alan Simpson,

Passage votesYeaNay

HouseRecorded vote: 398 yea, 0 nay398–0
SenateVoice vote

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.

(Measure passed House, amended, roll call #130 (398-0))

Amends Federal law to establish a veterans' home loan guaranty limitation amount of $40,000,000,000 reduced by 4.3 percent for purposes of implementing any sequestration order issued by the President for FY 1986 calling for a reduction of such loan commitments.

Revises provisions concerning the treatment of certain administrative expenses of the veterans' home loan guaranty program with respect to appraisals performed after February 1, 1986, in connection with the liquidation of housing loans.

Who voted for it

Every House member of the 99th Congress on the ideology compass. Highlighted: the 401 who voted yea on final passage. Faded: everyone else, including those who voted nay, did not vote, or had not yet taken office.

401 yea0 nay32 present or did not vote

Dimension 2

Economic left–right

More liberalMore conservative

Democrats who voted yea(232)

Rep. Bill ClayD-MO-1
Rep. Parren MitchellD-MD-7
Rep. Henry GonzálezD-TX-20
Rep. Mervyn DymallyD-CA-31
Rep. John ConyersD-MI-1
Rep. Gus SavageD-IL-2
Rep. Charles HayesD-IL-1
Rep. Edward RoybalD-CA-25
Rep. Mickey LelandD-TX-18
Rep. Ronald DellumsD-CA-8
Rep. Louis StokesD-OH-21
Rep. Don EdwardsD-CA-10
Rep. Ed TownsD-NY-11
Rep. Major OwensD-NY-12
Rep. George CrockettD-MI-13
Rep. Theodore WeissD-NY-17
Rep. Charlie RangelD-NY-16
Rep. Carl PerkinsD-KY-7
Rep. Sala BurtonD-CA-5
Rep. Pete StarkD-CA-9
Rep. William LehmanD-FL-17
Rep. Cardiss CollinsD-IL-7
Rep. David BoniorD-MI-12
Rep. Alan WheatD-MO-5
Rep. Harold FordD-TN-9
Rep. Steny HoyerD-MD-5
Rep. William CoyneD-PA-14
Rep. Nick RahallD-WV-4
Rep. Barbara BoxerD-CA-6
Rep. James OberstarD-MN-8
Rep. Mary OakarD-OH-20
Rep. George BrownD-CA-36
Rep. Julian DixonD-CA-28
Rep. Martin SaboD-MN-5
Rep. Gary AckermanD-NY-7
Rep. Sidney YatesD-IL-9
Rep. Norman MinetaD-CA-13
Rep. William GrayD-PA-2
Rep. Gerry StuddsD-MA-10
Rep. Barney FrankD-MA-4
Rep. Daniel AkakaD-HI-2
Rep. Michael LowryD-WA-7
Rep. Robert KastenmeierD-WI-2
Rep. Dale KildeeD-MI-7
Rep. William FordD-MI-15
Rep. Esteban TorresD-CA-34
Rep. Lane EvansD-IL-17
Rep. Henry WaxmanD-CA-24
Rep. Victor FazioD-CA-4
Rep. Gus HawkinsD-CA-29
Rep. Bill AlexanderD-AR-1
Rep. John WilliamsD-MT-1
Rep. Robert MatsuiD-CA-3
Rep. James ScheuerD-NY-8
Rep. John SeiberlingD-OH-14
Rep. John DingellD-MI-16
Rep. Howard BermanD-CA-26
Rep. Meldon LevineD-CA-27
Rep. Bruce MorrisonD-CT-3
Rep. James WrightD-TX-12
Rep. Allan SwiftD-WA-2
Rep. James HowardD-NJ-3
Rep. Matthew MartínezD-CA-30
Rep. Michael BarnesD-MD-8
Rep. Jim MoodyD-WI-5
Rep. Morris UdallD-AZ-2
Rep. Anthony CoelhoD-CA-15
Rep. Claude PepperD-FL-18
Rep. James WeaverD-OR-4
Rep. Anthony BeilensonD-CA-23
Rep. Bruce VentoD-MN-4
Rep. Thomas FoleyD-WA-5
Rep. Thomas MantonD-NY-9
Rep. Dave ObeyD-WI-7
Rep. Albert BustamanteD-TX-23
Rep. Stephen SolarzD-NY-13
Rep. Matthew McHughD-NY-28
Rep. Sander LevinD-MI-17
Rep. Bernard DwyerD-NJ-6
Rep. Richard LehmanD-CA-18
Rep. Jack BrooksD-TX-9
Rep. Brian DonnellyD-MA-11
Rep. John MoakleyD-MA-9
Rep. Robert BorskiD-PA-3
Rep. Dick GephardtD-MO-3
Rep. Sam GejdensonD-CT-2
Rep. Robert RoeD-NJ-8
Rep. Edward BolandD-MA-2
Rep. Nicholas MavroulesD-MA-6
Rep. Charles PriceD-IL-21
Rep. Barbara MikulskiD-MD-3
Rep. Joseph EarlyD-MA-3
Rep. Martin FrostD-TX-24
Rep. Daniel RostenkowskiD-IL-8
Rep. Jerome TraxlerD-MI-8
Rep. Solomon OrtizD-TX-27
Rep. Robert YoungD-MO-2
Rep. Walter JonesD-NC-1
Rep. Chuck SchumerD-NY-10
Rep. Henry NowakD-NY-33
Rep. Howard WolpeD-MI-3
Rep. Fernand St. GermainD-RI-1
Rep. Kenneth GrayD-IL-22
Rep. Frank GuariniD-NJ-14
Rep. Kika de la GarzaD-TX-15
Rep. Catherine LongD-LA-8
Rep. Norm DicksD-WA-6
Rep. Peter ViscloskyD-IN-1
Rep. Stanley LundineD-NY-34
Rep. Tom LantosD-CA-11
Rep. James FlorioD-NJ-1
Rep. Don BonkerD-WA-3
Rep. Harley StaggersD-WV-2
Rep. Berkley BedellD-IA-6
Rep. Frank AnnunzioD-IL-11
Rep. Jerry KleczkaD-WI-4
Rep. John MurthaD-PA-12
Rep. Leon PanettaD-CA-16
Rep. William NatcherD-KY-2
Rep. Barbara KennellyD-CT-1
Rep. Bill HefnerD-NC-8
Rep. Charles RoseD-NC-7
Rep. Ronald ColemanD-TX-16
Rep. Donald PeaseD-OH-13
Rep. Leslie AspinD-WI-1
Rep. Peter KostmayerD-PA-8
Rep. Alan MollohanD-WV-1
Rep. Rick BoucherD-VA-9
Rep. Edward FeighanD-OH-19
Rep. Douglas BoscoD-CA-1
Rep. Mario BiaggiD-NY-19
Rep. Douglas WalgrenD-PA-18
Rep. Robert TorricelliD-NJ-9
Rep. Marcy KapturD-OH-9
Rep. Jamie WhittenD-MS-1
Rep. Robert WiseD-WV-3
Rep. John BryantD-TX-5
Rep. Joseph KolterD-PA-4
Rep. James TraficantD-OH-17
Rep. Dennis HertelD-MI-14
Rep. Beryl AnthonyD-AR-4
Rep. Michael SynarD-OK-2
Rep. Lawrence SmithD-FL-16
Rep. Jim BatesD-CA-44
Rep. Charles WilsonD-TX-2
Rep. Glenn AndersonD-CA-32
Rep. Francis McCloskeyD-IN-8
Rep. Ed JonesD-TN-8
Rep. Martin RussoD-IL-3
Rep. Terry BruceD-IL-19
Rep. Charles WhitleyD-NC-3
Rep. Daniel MicaD-FL-14
Rep. Tom DaschleD-SD
Rep. William LipinskiD-IL-5
Rep. Harry ReidD-NV-1
Rep. Tony HallD-OH-3
Rep. Bart GordonD-TN-6
Rep. Dennis EckartD-OH-11
Rep. Richard DurbinD-IL-20
Rep. William BonerD-TN-5
Rep. John LaFalceD-NY-32
Rep. Charles HatcherD-GA-2
Rep. Ron WydenD-OR-3
Rep. Jim CooperD-TN-4
Rep. Byron DorganD-ND
Rep. Don FuquaD-FL-2
Rep. Tom BevillD-AL-4
Rep. Timothy WirthD-CO-2
Rep. Les AuCoinD-OR-1
Rep. John SprattD-SC-5
Rep. Paul KanjorskiD-PA-11
Rep. Thomas LukenD-OH-1
Rep. Wyche FowlerD-GA-5
Rep. Norman SisiskyD-VA-4
Rep. Gerald SikorskiD-MN-6
Rep. William ChappellD-FL-4
Rep. Gus YatronD-PA-6
Rep. Ronnie FlippoD-AL-5
Rep. Bob CarrD-MI-6
Rep. Charles BennettD-FL-3
Rep. Austin MurphyD-PA-22
Rep. Wes WatkinsD-OK-3
Rep. Lee HamiltonD-IN-9
Rep. Jake PickleD-TX-10
Rep. Michael AndrewsD-TX-25
Rep. Butler DerrickD-SC-3
Rep. Philip SharpD-IN-2
Rep. James RowlandD-GA-8
Rep. Patricia SchroederD-CO-1
Rep. Buddy MacKayD-FL-6
Rep. Ike SkeltonD-MO-4
Rep. Robert ThomasD-GA-1
Rep. Sam GibbonsD-FL-7
Rep. Harold VolkmerD-MO-9
Rep. Tim ValentineD-NC-2
Rep. Daniel GlickmanD-KS-4
Rep. David McCurdyD-OK-4
Rep. Jim ChapmanD-TX-1
Rep. Thomas CarperD-DE
Rep. William HughesD-NJ-2
Rep. Robin TallonD-SC-6
Rep. Douglas ApplegateD-OH-18
Rep. Ed JenkinsD-GA-9
Rep. Romano MazzoliD-KY-3
Rep. Ben ErdreichD-AL-6
Rep. James OlinD-VA-6
Rep. Richard StallingsD-ID-2
Rep. Andrew JacobsD-IN-10
Rep. Samuel StrattonD-NY-23
Rep. Buddy DardenD-GA-7
Rep. Bill NelsonD-FL-11
Rep. James JonesD-OK-1
Rep. Richard ShelbyD-AL-7
Rep. Beverly ByronD-MD-6
Rep. Timothy PennyD-MN-1
Rep. Tommy RobinsonD-AR-2
Rep. William NicholsD-AL-3
Rep. Royden DysonD-MD-1
Rep. Druie BarnardD-GA-10
Rep. Glenn EnglishD-OK-6
Rep. Thomas HuckabyD-LA-5
Rep. Billy TauzinD-LA-3
Rep. James LeathD-TX-11
Rep. Earl HuttoD-FL-1
Rep. Sonny MontgomeryD-MS-3
Rep. Marilyn LloydD-TN-3
Rep. Richard RayD-GA-3
Rep. Carroll HubbardD-KY-1
Rep. Dan DanielD-VA-5
Rep. Buddy RoemerD-LA-4
Rep. Ralph HallD-TX-4
Rep. Charlie StenholmD-TX-17

Republicans who voted yea(169)

Rep. Stewart McKinneyR-CT-4
Rep. Silvio ConteR-MA-1
Rep. Bill GreenR-NY-15
Rep. Frank HortonR-NY-29
Rep. Claudine SchneiderR-RI-2
Rep. Jim JeffordsR-VT
Rep. Chris SmithR-NJ-4
Rep. Benjamin GilmanR-NY-22
Rep. Hamilton FishR-NY-21
Rep. Joseph McDadeR-PA-10
Rep. Nancy JohnsonR-CT-6
Rep. Olympia SnoweR-ME-2
Rep. Sherry BoehlertR-NY-25
Rep. Robert DavisR-MI-11
Rep. William ClingerR-PA-23
Rep. Jim LeachR-IA-1
Rep. Carl PursellR-MI-2
Rep. Ralph RegulaR-OH-16
Rep. Marge RoukemaR-NJ-5
Rep. Robert CoughlinR-PA-13
Rep. George WortleyR-NY-27
Rep. Joseph DioGuardiR-NY-20
Rep. Thomas RidgeR-PA-21
Rep. John McKernanR-ME-1
Rep. Chalmers WylieR-OH-15
Rep. John MillerR-WA-1
Rep. Sidney MorrisonR-WA-4
Rep. John MyersR-IN-7
Rep. Willis GradisonR-OH-2
Rep. John DuncanR-TN-2
Rep. Don YoungR-AK
Rep. David MartinR-NY-26
Rep. James QuillenR-TN-1
Rep. John RowlandR-CT-5
Rep. Raymond McGrathR-NY-5
Rep. Paul HenryR-MI-5
Rep. Virginia SmithR-NE-3
Rep. Jan MeyersR-KS-3
Rep. Norman LentR-NY-4
Rep. Herbert BatemanR-VA-1
Rep. William MooreR-LA-6
Rep. Elwood HillisR-IN-5
Rep. Jim SaxtonR-NJ-13
Rep. Steven GundersonR-WI-3
Rep. Tom PetriR-WI-6
Rep. Richard SchulzeR-PA-5
Rep. Marion SnyderR-KY-4
Rep. Helen BentleyR-MD-2
Rep. Doug BereuterR-NE-1
Rep. Frank WolfR-VA-10
Rep. Rodney ChandlerR-WA-8
Rep. Guy MolinariR-NY-14
Rep. Charles PashayanR-CA-17
Rep. John PorterR-IL-10
Rep. Dean GalloR-NJ-11
Rep. Jack KempR-NY-31
Rep. William GoodlingR-PA-19
Rep. James BroyhillR-NC-10
Rep. John HammerschmidtR-AR-3
Rep. Donald RitterR-PA-15
Rep. Earl ColemanR-MO-6
Rep. James CourterR-NJ-12
Rep. Stanford ParrisR-VA-8
Rep. Larry HopkinsR-KY-6
Rep. Edward MadiganR-IL-15
Rep. Thomas TaukeR-IA-2
Rep. John McCainR-AZ-1
Rep. Marjorie HoltR-MD-4
Rep. Hal RogersR-KY-5
Rep. Alex McMillanR-NC-9
Rep. Thomas EvansR-IA-3
Rep. William FranklinR-MS-2
Rep. Bill SchuetteR-MI-10
Rep. William HendonR-NC-11
Rep. Arlan StangelandR-MN-7
Rep. John KasichR-OH-12
Rep. Gene TaylorR-MO-7
Rep. Bill EmersonR-MO-8
Rep. Guy Vander JagtR-MI-9
Rep. Carroll CampbellR-SC-4
Rep. W. Bill YoungR-FL-8
Rep. Bob McEwenR-OH-6
Rep. Floyd SpenceR-SC-2
Rep. William LoweryR-CA-41
Rep. Joseph SkeenR-NM-2
Rep. Robert LivingstonR-LA-1
Rep. Mickey EdwardsR-OK-5
Rep. James LightfootR-IA-5
Rep. Tom BlileyR-VA-3
Rep. Henry HydeR-IL-6
Rep. Thomas LewisR-FL-12
Rep. William CarneyR-NY-1
Rep. William DickinsonR-AL-2
Rep. William FrenzelR-MN-3
Rep. Mac SweeneyR-TX-14
Rep. Jerry LewisR-CA-35
Rep. Toby RothR-WI-8
Rep. Robert SmithR-OR-2
Rep. Robert MichelR-IL-18
Rep. Clarence MillerR-OH-10
Rep. Bill ThomasR-CA-20
Rep. Jim KolbeR-AZ-5
Rep. Donald SundquistR-TN-7
Rep. Harris FawellR-IL-13
Rep. Lynn MartinR-IL-16
Rep. Clay ShawR-FL-15
Rep. Bill McCollumR-FL-5
Rep. Daniel SlaughterR-VA-7
Rep. George GekasR-PA-17
Rep. Delbert LattaR-OH-5
Rep. Mike DeWineR-OH-7
Rep. Eldon RuddR-AZ-4
Rep. Thomas KindnessR-OH-8
Rep. Michael BilirakisR-FL-9
Rep. Fred EckertR-NY-30
Rep. Hal DaubR-NE-2
Rep. Ron PackardR-CA-43
Rep. Pat RobertsR-KS-1
Rep. Howard CobleR-NC-6
Rep. Newton GingrichR-GA-6
Rep. Kenneth KramerR-CO-5
Rep. Robert LagomarsinoR-CA-19
Rep. Mark SiljanderR-MI-4
Rep. Thomas LoefflerR-TX-21
Rep. John WeberR-MN-2
Rep. Andy IrelandR-FL-10
Rep. John HilerR-IN-3
Rep. Bobbi FiedlerR-CA-21
Rep. Trent LottR-MS-5
Rep. Michael OxleyR-OH-4
Rep. Barbara VucanovichR-NV-2
Rep. Larry CombestR-TX-19
Rep. Bud ShusterR-PA-9
Rep. Eldon BoulterR-TX-13
Rep. Eugene ChappieR-CA-2
Rep. Duncan HunterR-CA-45
Rep. Michael StrangR-CO-3
Rep. Ronald MarleneeR-MT-2
Rep. Gerald SolomonR-NY-24
Rep. William CobeyR-NC-4
Rep. Judd GreggR-NH-2
Rep. Dan SchaeferR-CO-6
Rep. Thomas HartnettR-SC-1
Rep. Howard NielsonR-UT-3
Rep. Robert DornanR-CA-38
Rep. Larry CraigR-ID-1
Rep. Bill ArcherR-TX-7
Rep. Patrick SwindallR-GA-4
Rep. Carlos MoorheadR-CA-22
Rep. Alfred McCandlessR-CA-37
Rep. Daniel LungrenR-CA-42
Rep. Jack FieldsR-TX-8
Rep. Joe BartonR-TX-6
Rep. Dan BurtonR-IN-6
Rep. Bob SmithR-NH-1
Rep. Norman ShumwayR-CA-14
Rep. Steve BartlettR-TX-3
Rep. James HansenR-UT-1
Rep. Hank BrownR-CO-4
Rep. Connie MackR-FL-13
Rep. Robert WalkerR-PA-16
Rep. David MonsonR-UT-2
Rep. Denny SmithR-OR-5
Rep. Richard CheneyR-WY
Rep. David DreierR-CA-33
Rep. Robert StumpR-AZ-3
Rep. Tom DeLayR-TX-22
Rep. William DannemeyerR-CA-39
Rep. Phil CraneR-IL-12

Data notes

The House’s recorded vote on the final version of the law (roll call 558 in Voteview), matched to the vote the record cites and checked against its totals. Positions are each member’s DW-NOMINATE score for that Congress, as on the Ideology page; left to right is more liberal to more conservative. Paired and announced yea votes count as yea. Lists follow the compass, most liberal first. A name links to a profile only for members of the current Congress. A law passed by voice vote or unanimous consent has no member list, and neither does a vote Voteview has not yet recorded.

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Committees

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

Veterans' Affairs Committee · House · markup by, referred to

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.

May 23, 1986Became lawBecame law · Became Public Law No: 99-322.
Became lawBecame law · Signed by President.
May 22, 1986PresidentPresident · Presented to President.
May 21, 1986Resolving differencesResolving differences · Senate agreed to the House amendments by Voice Vote.
FloorFloor · Passed House (Amended) by Yea-Nay Vote: 398 - 0 (Record Vote No: 130).House roll call 130
May 20, 1986CommitteeCommittee · Markup by House Veterans' Affairs Committee
May 9, 1986CommitteeCommittee · Referred to House Veterans' Affairs Committee
May 6, 1986FloorFloor · Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.
IntroducedIntroduced · Introduced in the Senate

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.