HR 7777 · 118th Congress · Armed Forces and National Security
Veterans’ Compensation Cost-of-Living Adjustment Act of 2024
Bill Progress
1
Introduced✓
Committee✓
House Vote✓
Senate✓
EnactedLatest: Became Public Law No: 118-130.(2024-11-25)
Plain Language Summary
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Veterans' Compensation Cost-of-Living Adjustment Act of 2024 This act requires the Department of Veterans Affairs (VA) to increase the amounts payable for wartime disability compensation, additional compensation for dependents, the clothing allowance for certain disabled veterans, and dependency and indemnity compensation for surviving spouses and children. Specifically, the VA must increase the amounts by the same percentage as the cost-of-living increase in benefits for Social Security recipients that is effective on December 1, 2024. The bill requires the VA to publish the amounts payable, as increased, in the Federal Register. The VA is authorized to make a similar adjustment to the rates of disability compensation payable to persons who have not received compensation for service-connected disability or death.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 7777, Veterans’ Compensation Cost-of-Living Adjustment Act of 2024
May 13, 2024As ordered reported by the House Committee on Veterans’ Affairs on May 1, 2024
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office