A bill to amend title 38, United States Code, to establish a program for making direct loans to veterans for residential solar energy systems and certain other energy conservation improvements.

Authorizes the Administrator of Veterans' Affairs to establish a direct loan program to veterans for residential solar heating, or combined solar heating and cooling, systems. Limits the original principal of any such loan to $15,000. Prohibits such loans from being made after September 30, 1983 (unless previously committed).

Requires the Administrator's annual Congressional report to include information regarding such loan program.