SB244: Relating to veterans' loans for acquisition of real property.

Legislative Summary

Limits interest rate to no more than prime rate plus one percent for loans advanced under veterans' home and farm loan program. Limits interest rate to no more than prime rate plus one percent for loans advanced under veterans' home and farm loan program. Appropriates moneys from General Fund to Department of Veterans' Affairs for deposit in Oregon War Veterans' Fund, for biennium beginning July 1, 2023, to be used to advance loans to qualified veterans for acquisition of farms and homes.