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Veterans' COLA Act of 2024
4/19/2024, 1:49 PM
Summary of Bill S 4047
Bill 118 s 4047, also known as the Veterans' COLA Act of 2024, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to provide a cost-of-living adjustment (COLA) for veterans receiving benefits from the Department of Veterans Affairs.
If passed, this bill would ensure that veterans receive an increase in their benefits to account for the rising cost of living. This adjustment would help veterans maintain their standard of living and keep up with inflation.
The Veterans' COLA Act of 2024 is seen as a way to show appreciation for the sacrifices made by veterans and to ensure that they are taken care of in their retirement years. It is a bipartisan effort to support those who have served our country and to honor their service. Overall, this bill aims to provide financial support to veterans and their families, ensuring that they are able to live comfortably and with dignity. It is an important piece of legislation that recognizes the contributions and sacrifices of our nation's veterans.
If passed, this bill would ensure that veterans receive an increase in their benefits to account for the rising cost of living. This adjustment would help veterans maintain their standard of living and keep up with inflation.
The Veterans' COLA Act of 2024 is seen as a way to show appreciation for the sacrifices made by veterans and to ensure that they are taken care of in their retirement years. It is a bipartisan effort to support those who have served our country and to honor their service. Overall, this bill aims to provide financial support to veterans and their families, ensuring that they are able to live comfortably and with dignity. It is an important piece of legislation that recognizes the contributions and sacrifices of our nation's veterans.
Read the Full Bill
Current Status of Bill S 4047
Bill S 4047 is currently in the status of Bill Introduced since March 21, 2024. Bill S 4047 was introduced during Congress 118 and was introduced to the Senate on March 21, 2024. Bill S 4047's most recent activity was Read twice and referred to the Committee on Veterans' Affairs. as of March 21, 2024
Bipartisan Support of Bill S 4047
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
28Democrat Cosponsors
10Republican Cosponsors
12Unaffiliated Cosponsors
6Policy Area and Potential Impact of Bill S 4047
Primary Policy Focus
Armed Forces and National SecurityAlternate Title(s) of Bill S 4047
Veterans' COLA Act of 2024
Veterans' COLA Act of 2024
Veterans’ Compensation Cost-Of-Living Adjustment Act of 2024
A bill to increase, effective as of December 1, 2024, 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.
A bill to increase, effective as of December 1, 2024, 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.
Comments
Sponsors and Cosponsors of S 4047
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