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Restoring Benefits to Defrauded Veterans Act
12/30/2022, 8:03 AM
Summary of Bill HR 5966
Bill 117 HR 5966, also known as the Restoring Benefits to Defrauded Veterans Act, aims to provide relief to veterans who have been defrauded by for-profit colleges. The bill was introduced in the House of Representatives and is currently under consideration.
The bill seeks to address the issue of veterans being misled by certain educational institutions that promise high-quality education and job placement opportunities, only to leave them with subpar education and significant debt. This is a particularly pressing issue as veterans often rely on education benefits provided by the government to further their careers after serving in the military.
If passed, the Restoring Benefits to Defrauded Veterans Act would require the Department of Veterans Affairs to restore education benefits to veterans who have been defrauded by for-profit colleges. This would help alleviate the financial burden placed on these veterans and allow them to pursue alternative educational opportunities. Additionally, the bill includes provisions to hold for-profit colleges accountable for their actions and prevent them from taking advantage of veterans in the future. This includes increased oversight and regulation of these institutions to ensure that they are providing quality education and not engaging in deceptive practices. Overall, the Restoring Benefits to Defrauded Veterans Act seeks to protect the educational and financial interests of veterans who have been taken advantage of by for-profit colleges. It aims to provide relief to these veterans and prevent similar situations from occurring in the future.
The bill seeks to address the issue of veterans being misled by certain educational institutions that promise high-quality education and job placement opportunities, only to leave them with subpar education and significant debt. This is a particularly pressing issue as veterans often rely on education benefits provided by the government to further their careers after serving in the military.
If passed, the Restoring Benefits to Defrauded Veterans Act would require the Department of Veterans Affairs to restore education benefits to veterans who have been defrauded by for-profit colleges. This would help alleviate the financial burden placed on these veterans and allow them to pursue alternative educational opportunities. Additionally, the bill includes provisions to hold for-profit colleges accountable for their actions and prevent them from taking advantage of veterans in the future. This includes increased oversight and regulation of these institutions to ensure that they are providing quality education and not engaging in deceptive practices. Overall, the Restoring Benefits to Defrauded Veterans Act seeks to protect the educational and financial interests of veterans who have been taken advantage of by for-profit colleges. It aims to provide relief to these veterans and prevent similar situations from occurring in the future.
Congressional Summary of HR 5966
Restoring Benefits to Defrauded Veterans Act
This bill requires the Department of Veterans Affairs (VA) to pay certain reissued benefits (i.e., benefits that were misused by a fiduciary) to a beneficiary's estate in situations where a beneficiary predeceases a payment.
The VA must pay such benefits to an individual or entity in the following order: the estate of the beneficiary, a successor fiduciary serving the beneficiary when the beneficiary died, or the next inheritor determined by a court of competent jurisdiction.
Read the Full Bill
Current Status of Bill HR 5966
Bill HR 5966 is currently in the status of Bill Introduced since November 12, 2021. Bill HR 5966 was introduced during Congress 117 and was introduced to the House on November 12, 2021. Bill HR 5966's most recent activity was Referred to the Subcommittee on Disability Assistance and Memorial Affairs. as of November 29, 2021
Bipartisan Support of Bill HR 5966
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
6Democrat Cosponsors
0Republican Cosponsors
6Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5966
Primary Policy Focus
Armed Forces and National SecurityPotential Impact Areas
- Fraud offenses and financial crimes
- Veterans' pensions and compensation
Alternate Title(s) of Bill HR 5966
Restoring Benefits to Defrauded Veterans Act
Restoring Benefits to Defrauded Veterans Act
To amend title 38, United States Code, to direct the Secretary of Veterans Affairs to repay the estates of deceased beneficiaries for certain benefits paid by the Secretary and misused by fiduciaries of such beneficiaries.
Comments
Sponsors and Cosponsors of HR 5966
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