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Veterans' COLA Act of 2023

12/15/2023, 4:06 PM

Congressional Summary of S 777

Veterans' Compensation Cost-of-Living Adjustment Act of 2023 or the Veterans' COLA Act of 2023

This act 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, 2023. 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 777

Bill S 777 is currently in the status of Bill Introduced since March 14, 2023. Bill S 777 was introduced during Congress 118 and was introduced to the Senate on March 14, 2023.  Bill S 777's most recent activity was Became Public Law No: 118-6. as of June 14, 2023

Bipartisan Support of Bill S 777

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
12
Democrat Cosponsors
5
Republican Cosponsors
6
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 777

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 777

Veterans' Compensation Cost-of-Living Adjustment Act of 2023
Veterans' COLA Act of 2023
Veterans' COLA Act of 2023
Veterans' Compensation Cost-of-Living Adjustment Act of 2023
Veterans' COLA Act of 2023
A bill to increase, effective as of December 1, 2023, 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.
Veterans' COLA Act of 2023
Veterans’ Compensation Cost-of-Living Adjustment Act of 2023
Veterans’ Compensation Cost-of-Living Adjustment Act of 2023
Veterans' COLA Act of 2023

Comments

Sponsors and Cosponsors of S 777

Jon Tester
Jon Tester
MontanaDemocrat
Thom Tillis
Thom Tillis
North CarolinaRepublican
Mike Rounds
Mike Rounds
South DakotaRepublican
Patty Murray
Patty Murray
WashingtonDemocrat
Jerry Moran
Jerry Moran
KansasRepublican
Angus S. King Jr.
Angus S. King Jr.
MaineIndependent

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