Veterans' Compensation Cost-of-Living Adjustment Act of 2018

Hozzl · 2025-04-07T15:41:56Z

Explore the details of House Bill 4958 Veterans' Compensation Cost-of-Living Adjustment Act of 2018 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.

4/7/2025, 3:41 PM

Summary of Bill HR 4958

Bill 115 hr 4958, also known as the Veterans' Compensation Cost-of-Living Adjustment Act of 2018, is a piece of legislation that aims to provide a cost-of-living adjustment (COLA) for veterans receiving disability compensation from the Department of Veterans Affairs (VA). The bill was introduced in the House of Representatives on February 5, 2018, by Representative Mike Bost of Illinois.

If passed, this bill would authorize a COLA increase for veterans' disability compensation, as well as for dependency and indemnity compensation for surviving spouses and children of deceased veterans. The COLA increase would be based on the same percentage increase provided to Social Security recipients.

The purpose of this bill is to ensure that veterans and their families are able to keep up with the rising cost of living, particularly as they may be facing additional challenges due to their service-related disabilities. By providing a COLA increase, the bill aims to help alleviate financial burdens and improve the overall well-being of veterans and their families. Overall, the Veterans' Compensation Cost-of-Living Adjustment Act of 2018 seeks to honor and support the sacrifices made by our nation's veterans by ensuring that they receive fair and adequate compensation for their service-related disabilities.

Current Status of Bill HR 4958

Bill HR 4958 is currently in the status of Bill Introduced since February 7, 2018. Bill HR 4958 was introduced during Congress 115 and was introduced to the House on February 7, 2018. Bill HR 4958's most recent activity was Became Public Law No: 115-258. as of October 9, 2018