Disabled Veterans Tax Termination Act
3/11/2025, 8:06 AMSummary of Bill HR 333
Bill 119 hr 333, also known as the Concurrent Receipt of Disability Pay for Retirees Act, aims to amend title 10 of the United States Code to allow retired members of the Armed Forces with a service-connected disability rated less than 50 percent to receive both their retired pay and veterans disability compensation concurrently. Currently, these individuals are only able to receive one or the other, not both.Additionally, the bill seeks to extend eligibility for concurrent receipt to chapter 61 disability retirees with less than 20 years of service. Chapter 61 disability retirees are those who were medically retired from the military due to a service-connected disability, but did not serve the full 20 years required to receive full retirement benefits.
The purpose of this legislation is to provide financial support to disabled veterans who have served their country, but are currently limited in their ability to receive full compensation for their disabilities. By allowing these individuals to receive both retired pay and disability compensation, they will be better able to support themselves and their families. Overall, the Concurrent Receipt of Disability Pay for Retirees Act aims to improve the financial well-being of disabled veterans and ensure they receive the benefits they deserve for their service and sacrifices.
Congressional Summary of HR 333
Disabled Veterans Tax Termination Act
This bill modifies provisions related to military retired pay. Specifically, the bill authorizes veterans with a service-connected disability of less than 50% to concurrently receive both retired pay and disability compensation. The bill also makes qualified disability retirees with less than 20 years of retirement-creditable service eligible for concurrent receipt, subject to specified reductions in retired pay.
Read the Full Bill
Current Status of Bill HR 333
Bill HR 333 is currently in the status of Bill Introduced since January 13, 2025. Bill HR 333 was introduced during Congress 119 and was introduced to the House on January 13, 2025. Bill HR 333's most recent activity was Referred to the Subcommittee on Disability Assistance and Memorial Affairs. as of February 11, 2025Bipartisan Support of Bill HR 333
Total Number of Sponsors
3Democrat Sponsors
3Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 333
Primary Policy Focus
Armed Forces and National SecurityAlternate Title(s) of Bill HR 333
To amend title 10, United States Code, to permit retired members of the Armed Forces who have a service-connected disability rated less than 50 percent to receive concurrent payment of both retired pay and veterans disability compensation, to extend eligibility for concurrent receipt to chapter 61 disability retirees with less than 20 years of service, and for other purposes.To amend title 10, United States Code, to permit retired members of the Armed Forces who have a service-connected disability rated less than 50 percent to receive concurrent payment of both retired pay and veterans disability compensation, to extend eligibility for concurrent receipt to chapter 61 disability retirees with less than 20 years of service, and for other purposes.Comments
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Sponsors and Cosponsors of HR 333
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