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Veteran Families Financial Support Act

8/10/2022, 11:25 PM

Congressional Summary of HR 6013

Veteran Families Financial Support Act

This bill requires the Department of Veterans Affairs (VA) to implement a new veterans life insurance program starting January 1, 2023, for veterans with a service-connected disability. The policy does not go into force unless a veteran has been paying premiums for two years after enrollment. If a veteran dies during the two-year period, the VA shall pay the veteran's beneficiary the amount of premiums paid by the veteran plus interest.

The bill phases out an existing service-disabled veteran insurance program upon the implementation of the program in this bill.

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Current Status of Bill HR 6013

Bill HR 6013 is currently in the status of Bill Introduced since February 28, 2020. Bill HR 6013 was introduced during Congress 116 and was introduced to the House on February 28, 2020.  Bill HR 6013's most recent activity was Referred to the Subcommittee on Disability Assistance and Memorial Affairs. as of March 9, 2020

Bipartisan Support of Bill HR 6013

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6013

Primary Policy Focus

Armed Forces and National Security

Potential Impact Areas

- Administrative law and regulatory procedures
- Congressional oversight
- Department of Veterans Affairs
- Disability and paralysis
- Life, casualty, property insurance
- Military personnel and dependents
- Veterans' pensions and compensation

Alternate Title(s) of Bill HR 6013

Veteran Families Financial Support Act
To amend title 38, United States Code, to modernize service-disabled veterans insurance.
Veteran Families Financial Support Act

Comments

Sponsors and Cosponsors of HR 6013

Mike Bost
Mike Bost
IllinoisRepublican
Kathleen M. Rice
Kathleen M. Rice
New YorkDemocrat

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