HR 2605 · 114th Congress · Armed Forces and National Security

Veterans Fiduciary Reform Act of 2015

Introduced 2015-06-02· Sponsored by Rep. Johnson, Bill [R-OH-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Forwarded by Subcommittee to Full Committee in the Nature of a Substitute (Amended) by Voice Vote .(2015-07-09)

Plain Language Summary

[AI summary unavailable — showing source text] Veterans Fiduciary Reform Act of 2015 States that, when in the opinion of the Department of Veterans Affairs (VA) a temporary fiduciary is needed to protect the benefits of a VA beneficiary while a determination of incompetency is being made or appealed or a fiduciary is appealing a determination of misuse, the VA may appoint one or more temporary fiduciaries for up to 120 days. Directs the VA to provide a written statement to a beneficiary determined by the VA to be mentally incompetent for purposes of appointing a fiduciary. Allows the beneficiary to appeal such determination. Allows a beneficiary for whom the VA appoints a fiduciary to, at any time, request the VA to remove such fiduciary and appoint a new one. Requires the VA to comply with any such request if made in good faith and if the fiduciary is not acting in the beneficiary's best interests. Prohibits any such removal or new appointment from delaying or interrupting the beneficiary's receipt of benefits. Requires a appointed fiduciary appointed by the VA to act independently of the VA and in the interest of the beneficiary. Provides for the predesignation of a fiduciary. Provides that, if a beneficiary does not designat…

Summarized by Claude AI · Non-partisan · For informational purposes only