Bill 119 hr 39, also known as the Merchant Mariner Equity Compensation Fund Act, aims to amend title 38 of the United States Code in order to establish a fund that will provide benefits to certain individuals who served in the United States merchant marine during World War II. This includes those who served in the Army Transport Service and the Naval Transport Service.
The Secretary of Veterans Affairs will be responsible for overseeing the establishment and administration of the Merchant Mariner Equity Compensation Fund. The purpose of this fund is to provide compensation and benefits to these individuals who played a crucial role in supporting the war effort during World War II.
The bill recognizes the sacrifices and contributions made by these merchant mariners and seeks to ensure that they receive the recognition and support they deserve. By establishing this fund, the government aims to provide financial assistance and benefits to these veterans who may not have been eligible for certain benefits in the past.
Overall, the Merchant Mariner Equity Compensation Fund Act seeks to honor and support the brave individuals who served in the merchant marine during World War II by providing them with the compensation and benefits they rightfully deserve.