To amend title 36, United States Code, to grant a Federal charter to the Veterans Association of Real Estate Professionals.

# Summary of HR 3981 **What the Bill Does:** This bill would grant a federal charter to the Veterans Association of Real Estate Professionals (VARE). A federal charter is an official recognition from Congress that allows an organization to operate as a federally chartered entity, which typically provides certain legal benefits and legitimacy. This particular charter would apply specifically to an organization that serves military veterans who work in real estate. **Who It Affects:** The bill primarily affects the Veterans Association of Real Estate Professionals and its members—veterans employed in the real estate industry.

It could also benefit veterans more broadly by recognizing and supporting an organization dedicated to helping them transition into real estate careers. **Current Status:** As of now, HR 3981 is in committee, meaning it has been introduced but has not yet been debated or voted on by the full House of Representatives. The bill was sponsored by Representative Susie Lee, a Democrat from Nevada.