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US S4047
US S4047Veterans' COLA Act of 2024 Veterans’ Compensation Cost-Of-Living Adjustment Act of 2024
summary
Introduced
03/21/2024
03/21/2024
In Committee
03/21/2024
03/21/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A bill to increase, effective as of December 1, 2024, the rates of compensation for veterans with service-connected disabilities and the rates of dependency and indemnity compensation for the survivors of certain disabled veterans, and for other purposes.
AI Summary
This bill, the Veterans' Compensation Cost-Of-Living Adjustment Act of 2024 or the Veterans' COLA Act of 2024, aims to increase the rates of disability compensation and dependency and indemnity compensation for veterans and their survivors, effective December 1, 2024. The bill requires the Secretary of Veterans Affairs to increase the dollar amounts in effect on November 30, 2024, for various types of compensation, including wartime disability compensation, additional compensation for dependents, clothing allowance, and dependency and indemnity compensation to surviving spouses and children. The increases will be based on the same percentage by which benefit amounts payable under Title II of the Social Security Act are increased effective December 1, 2024. The Secretary of Veterans Affairs is also required to publish the adjusted rates in the Federal Register.
Committee Categories
Military Affairs and Security
Sponsors (18)
Jon Tester (D)*,
Richard Blumenthal (D),
John Boozman (R),
Sherrod Brown (D),
Bill Cassidy (R),
Catherine Cortez Masto (D),
Kevin Cramer (R),
Mazie Hirono (D),
Angus King (I),
Jerry Moran (R),
Patty Murray (D),
Jacky Rosen (D),
Mike Rounds (R),
Bernie Sanders (I),
Kyrsten Sinema (I),
Thom Tillis (R),
Sheldon Whitehouse (D),
Ron Wyden (D),
Last Action
Senate Veterans' Affairs Hearing (15:30:00 4/17/2024 SR-418) (on 04/17/2024)
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/118th-congress/senate-bill/4047/all-info |
| BillText | https://www.congress.gov/118/bills/s4047/BILLS-118s4047is.pdf |
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