HR 6013 · 116th Congress · Armed Forces and National Security
Veteran Families Financial Support Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Disability Assistance and Memorial Affairs.(2020-03-09)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only