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Amends Constitution: Repeals Certain Residency Requirements for State Veteran's Loans Ready for the benefits revolution we referenced earlier in this voter’s guide? Some of you may benefit financially from this Measure, but is it really the job of the civil government to further intrude itself into the housing market? We think not. The passage of this measure would not punish evil-doers. This Measure would expand the state’s involvement in commerce (home loans to veterans), and therefore we recommend a NO vote. "Yes" vote repeals certain residency requirements now in constitution for veterans' home and farm loans. "No" vote retains all residency requirements now in constitution for veterans' home and farm loans. SUMMARY: This measure amends the Oregon Constitution. The constitution now provides that state veterans' home and farm loans may be made only to persons who were Oregon residents when they entered military service or who have resided in Oregon five years since discharge or separation from active duty. This measure repeals those eligibility requirements. The measure would not change other eligibility requirements, or the current residency requirement that such loans may be made only to persons who are Oregon residents when they apply for the loan. This voters' guide produced by Parents Education Association, PAC. |
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© 2002 PEAPAC All rights reserved. P.O. Box 847 Canby, OR 97013 ~ Voice: (503) 263-8337 ~ Fax: (503) 263-7438 ~ E-mail: ElderDT@aol.com Website designed by Frogs and Flies Designs. |
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