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US S3380

US S3380
Victory for Veterans Stamp Act of 2012


summary

Introduced
In Committee
Crossed Over
Passed
Dead

Introduced Session

112th Congress

Bill Summary

Victory for Veterans Stamp Act of 2012 - Directs the Postal Service to issue a special stamp, to be called the Victory for Veterans Stamp, at a cost of 25 cents each. Makes such Stamp invalid for postage. Requires Stamp sale proceeds to be used as follows: (1) one-third for funding Department of Veterans Affairs (VA) veterans' vocational rehabilitation programs, (2) one-third to the general fund of the Treasury for deficit reduction, and (3) one-third for the Postal Service for modernization and fiscal administration. Requires such Stamp to be made available to the public within six months after the enactment of this Act.

AI Summary

This bill, titled the Victory for Veterans Stamp Act of 2012, directs the United States Postal Service (USPS) to issue a special "Victory for Veterans Stamp" for 25 cents each, which will not be valid for postage. The proceeds from the sale of these stamps will be divided into three equal parts: one-third will fund vocational rehabilitation programs for veterans administered by the Department of Veterans Affairs (VA), another third will go to the U.S. Treasury's general fund to help reduce the national deficit, and the final third will be used by the USPS for its modernization and administrative costs. The bill also specifies that the stamp must be made available to the public within six months of the law's enactment.

Committee Categories

Military Affairs and Security

Sponsors (7)

Last Action

Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (on 07/12/2012)

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