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US HR8260

Faster Payments to Veterans' Survivors Act of 2022


summary

Introduced
07/01/2022
In Committee
07/19/2022
Crossed Over
09/15/2022
Passed
12/23/2022
Dead
Signed/Enacted/Adopted
12/27/2022

Introduced Session

117th Congress

Bill Summary

An Act To amend title 38, United States Code, to shorten the timeframe for designation of benefits under Department of Veterans Affairs life insurance programs, to improve the treatment of undisbursed life insurance benefits by the Department of Veterans Affairs, and for other purposes.

AI Summary

This bill, the Faster Payments to Veterans' Survivors Act of 2022, aims to shorten the timeframe for the designation of benefits under Department of Veterans Affairs (VA) life insurance programs and improve the treatment of undisbursed life insurance benefits by the VA. Specifically, it reduces the timeframe for designating alternate beneficiaries and the payment of benefits under the National Service Life Insurance and United States Government Life Insurance programs from two years to one year and from four years to two years, respectively. The bill also establishes a process for the VA to determine beneficiaries in cases where the insured person did not designate a beneficiary or the designated beneficiary predeceases the insured person. Additionally, the bill requires the VA to improve its processes and procedures for identifying, locating, and paying hard-to-find beneficiaries of VA life insurance policies.

Committee Categories

Government Affairs, Military Affairs and Security

Sponsors (44)

Chris Pappas (D)* Cindy Axne (D),  Karen Bass (D),  Sanford Bishop (D),  Carolyn Bourdeaux (D),  Ken Buck (R),  André Carson (D),  David Cawthorn (R),  Sheila Cherfilus-McCormick (D),  Emanuel Cleaver (D),  Jim Costa (D),  Brian Fitzpatrick (R),  Scott Franklin (R),  John Garamendi (D),  Andrew Garbarino (R),  Jenniffer González (R),  Raúl Grijalva (D),  Jahana Hayes (D),  Richard Hudson (R),  Mondaire Jones (D),  Ro Khanna (D),  Derek Kilmer (D),  Young Kim (R),  Ann Kuster (D),  Doug LaMalfa (R),  Al Lawson (D),  Nancy Mace (R),  Frank Mrvan (D),  Marie Newman (D),  Tom O'Halleran (D),  Donald Payne (D),  Katie Porter (D),  Amata Radewagen (R),  Lucille Roybal-Allard (D),  John Rutherford (R),  María Salazar (R),  Michael San Nicolas (D),  Mary Gay Scanlon (D),  Darren Soto (D),  Jackie Speier (D),  Marilyn Strickland (D),  Tom Suozzi (D),  Dina Titus (D),  David Trone (D), 

Last Action

Became Public Law No: 117-313. (on 12/27/2022)

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