Bill

Bill > HR7777


US HR7777

US HR7777
Veterans’ Compensation Cost-of-Living Adjustment Act of 2024


summary

Introduced
03/21/2024
In Committee
05/01/2024
Crossed Over
09/18/2024
Passed
11/15/2024
Dead
Signed/Enacted/Adopted
11/25/2024

Introduced Session

118th Congress

Bill Summary

AN ACT 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, aims to increase 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. Specifically, the bill directs the Secretary of Veterans Affairs to increase the dollar amounts in effect on November 30, 2024, for the payment of these benefits, effective December 1, 2024. The increase will be calculated as the same percentage as the increase to Social Security benefits resulting from the annual cost-of-living adjustment. The Secretary is also required to publish the adjusted rates in the Federal Register.

Committee Categories

Health and Social Services, Military Affairs and Security

Sponsors (2)

Last Action

Became Public Law No: 118-130. (on 11/25/2024)

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