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Bill > S1299


US S1299

US S1299
Fairness for Servicemembers and their Families Act of 2024


summary

Introduced
04/26/2023
In Committee
04/26/2023
Crossed Over
12/18/2024
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

AN ACT To amend title 38, United States Code, to require the Secretary of Veterans Affairs to periodically review the automatic maximum coverage under the Servicemembers’ Group Life Insurance program and the Veterans’ Group Life Insurance program, and for other purposes.

AI Summary

This bill, the Fairness for Servicemembers and their Families Act of 2024, requires the Secretary of Veterans Affairs to periodically review the automatic maximum coverage under the Servicemembers' Group Life Insurance (SGLI) program and the Veterans' Group Life Insurance (VGLI) program. The review will compare the current maximum coverage amount to an amount calculated based on the average percentage change in the Consumer Price Index over the previous five fiscal years. The results of the review may serve as a guide for potential increases to the coverage amounts within the existing administrative structure.

Committee Categories

Military Affairs and Security

Sponsors (7)

Last Action

Held at the desk. (on 12/18/2024)

Bill Topics

Defense
  • ‐ Personnel Issues
  • ‐ Veterans Affairs

bill text


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