Veterans’ Compensation Cost-of-Living Adjustment Act of 2022

Hozzl · 2022-12-29T16:48:36Z

Explore the details of Senate Bill 4223 Veterans’ Compensation Cost-of-Living Adjustment Act of 2022 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Armed Forces and National Security. Stay informed on legislative developments.

12/29/2022, 4:48 PM

Congressional Summary of S 4223

Veterans' Compensation Cost-of-Living Adjustment Act of 2022

This bill requires the Department of Veterans Affairs (VA) to increase the amounts payable for wartime disability compensation, additional compensation for dependents, the clothing allowance for certain disabled veterans, and dependency and indemnity compensation for surviving spouses and children. Specifically, the VA must increase the amounts by the same percentage as the cost-of-living increase in benefits for Social Security recipients that is effective on December 1, 2022. The bill requires the VA to publish the amounts payable, as increased, in the Federal Register.

The VA is authorized to make a similar adjustment to the rates of disability compensation payable to persons who have not received compensation for service-connected disability or death.

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Current Status of Bill S 4223

Bill S 4223 is currently in the status of Bill Introduced since May 16, 2022. Bill S 4223 was introduced during Congress 117 and was introduced to the Senate on May 16, 2022. Bill S 4223's most recent activity was Committee on Veterans' Affairs. Hearings held. as of July 13, 2022

Bipartisan Support of Bill S 4223

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 4223

Primary Policy Focus

Armed Forces and National Security

Potential Impact Areas

- Administrative law and regulatory procedures

- Department of Veterans Affairs

- Disability assistance

- Inflation and prices

- Veterans' pensions and compensation

Alternate Title(s) of Bill S 4223

Veterans’ Compensation Cost-of-Living Adjustment Act of 2022

A bill to increase, effective as of December 1, 2022, the rates of compensation for veterans with service-connected disabilities and the rates of dependency and indemnity compensation for the survivors of certain disabled veterans, and for other purposes.