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Bill > HR8748


US HR8748

US HR8748
HONOR Our Veterans’ Sacrifice Act Honor Our Nation’s Oath to Remember Our Veterans’ Sacrifice Act


summary

Introduced
11/12/2020
In Committee
11/12/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

Excludes veterans' noneducation benefits (e.g., disability, death pension, dependency, and indemnity compensation) and veterans' education benefits from consideration as untaxed income and benefits in the need analysis formula. The need analysis formula is used to calculate the expected family contribution for federal student aid applicants.

AI Summary

This bill, the HONOR Our Veterans' Sacrifice Act, amends the Higher Education Act of 1965 to exclude veterans' non-education benefits (such as disability, death pension, dependency, and indemnity compensation) and veterans' education benefits from consideration as untaxed income and benefits in the need analysis formula used to calculate the expected family contribution for federal student aid applicants. This change aims to ensure that veterans' benefits are not counted against them when they apply for federal student aid.

Committee Categories

Education

Sponsors (2)

Last Action

Referred to the House Committee on Education and Labor. (on 11/12/2020)

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