summary
Introduced
07/27/2022
07/27/2022
In Committee
07/27/2022
07/27/2022
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To amend title 38, United States Code, to shorten the time- frame for claims by beneficiaries and the payment of benefits under Department of Veterans Affairs life insur- ance programs, to improve the management 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 claims by beneficiaries and the payment of benefits under the Department of Veterans Affairs (VA) life insurance programs. It amends the National Service Life Insurance and United States Government Life Insurance programs to reduce the claim filing period from two years to one year and the payment period from four years to two years. The bill also includes provisions to improve the VA's management of undisbursed life insurance benefits by enhancing search tools, conducting outreach, and ensuring dedicated staff to identify, locate, and disburse these funds to hard-to-find beneficiaries within two years of the bill's enactment.
Committee Categories
Military Affairs and Security
Sponsors (2)
Last Action
Read twice and referred to the Committee on Veterans' Affairs. (on 07/27/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/4646/all-info |
| BillText | https://www.congress.gov/117/bills/s4646/BILLS-117s4646is.pdf |
| Bill | https://www.congress.gov/117/bills/s4646/BILLS-117s4646is.pdf.pdf |
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