Veteran Families Financial Support Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Feb 28, 2020)
Veteran Families Financial Support Act
This bill requires the Department of Veterans Affairs (VA) to implement a new veterans life insurance program starting January 1, 2023, for veterans with a service-connected disability. The policy does not go into force unless a veteran has been paying premiums for two years after enrollment. If a veteran dies during the two-year period, the VA shall pay the veteran's beneficiary the amount of premiums paid by the veteran plus interest.
The bill phases out an existing service-disabled veteran insurance program upon the implementation of the program in this bill.
What just happenedMar 9, 2020
Referred to the Subcommittee on Disability Assistance and Memorial Affairs.
Who’s behind it
- Introduced in HouseFeb 28, 2020
- Mar 9, 2020Committee
Referred to the Subcommittee on Disability Assistance and Memorial Affairs.
Disability Assistance and Memorial Affairs Subcommittee - Feb 28, 2020IntroReferralH11100
Referred to the House Committee on Veterans' Affairs.
Veterans' Affairs Committee - Feb 28, 2020IntroReferralIntro-H
Introduced in House
- Feb 28, 2020IntroReferral1000
Introduced in House