A bill to amend title 38 of the United States Code to increase the maximum income level at which certain veterans remain eligible for pensions.

[AI summary unavailable — showing source text] Increases, for veterans of the Mexican border period, World War I, World War II, the Korean conflict, and the Vietnam era: (1) from $2,600 to $5,000, the maximum income level at which unmarried and childless veterans and childless veterans' widows remain eligible for pensions; and (2) from $3,800 to $7,500 the maximum income level at which veterans with spouses or children and vetarans' widows with only one child remain eligible for pensions. Increases the maximum income levels for pensions payable under specified provisions of the Veterans' Pension Act of 1959 to $4,600 and $7,200 (previously $2,200 and $3,500). Provides that the amendments made by this Act shall apply during calendar years beginning after December 31, 1974.…