Servicemember and Veteran Financial Transparency Act

1/11/2023, 1:33 PM

Servicemember and Veteran Financial Transparency Act

This bill requires that the Department of Labor's employment and training transition program for members of the Armed Forces separating from active duty include information about the requirement that a veteran who receives voluntary separation pay will have monthly amounts deducted from his or her Department of Veterans Affairs disability compensation until the total amount deducted equals the amount of voluntary separation pay received.

Congress
114

Number
HR - 5266

Introduced on
2016-05-17

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

5/17/2016

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Servicemember and Veteran Financial Transparency Act

This bill requires that the Department of Labor's employment and training transition program for members of the Armed Forces separating from active duty include information about the requirement that a veteran who receives voluntary separation pay will have monthly amounts deducted from his or her Department of Veterans Affairs disability compensation until the total amount deducted equals the amount of voluntary separation pay received.

Alternative Names
Official Title as IntroducedTo amend title 10, United States Code, to ensure that information regarding the deduction of amounts of disability compensation by reason of voluntary separation pay is provided to members of the Armed Forces separating from the Armed Forces.

Policy Areas
Armed Forces and National Security

Potential Impact
Disability and paralysis
Employment and training programs
Government information and archives
Veterans' education, employment, rehabilitation
Veterans' pensions and compensation

Comments

Recent Activity

Latest Summary7/6/2016

Servicemember and Veteran Financial Transparency Act

This bill requires that the Department of Labor's employment and training transition program for members of the Armed Forces separating from active duty include informa...


Latest Action6/7/2016
Referred to the Subcommittee on Military Personnel.