Bill > HB2423

This bill establishes comprehensive regulations for individuals or entities seeking compensation for assisting veterans with benefits claims. The legislation defines key terms such as "compensation" (any financial payment or benefit), "person" (which includes individuals, businesses, and government entities), and "veterans' benefits matter" (preparing or pursuing claims for benefits through the Department of Veterans Affairs or Department of Defense). The bill prohibits receiving compensation for veterans' benefits services except as permitted by federal law, bans receiving payment for referring individuals to benefits assistance services, prevents guaranteeing specific benefits outcomes, and restricts charging excessive or unreasonable fees. Before providing services, any person seeking compensation must create a written agreement signed by both parties that complies with federal regulations (specifically 38 Code of Federal Regulations, Section 14.636), detailing all payment terms. Importantly, any violation of these provisions is considered a breach of the West Virginia Consumer Credit and Protection Act, which provides additional legal recourse and consumer safeguards. The overall aim is to protect veterans from potential predatory practices and ensure fair, transparent assistance with benefits claims.