Us Congress 2025-2026 Regular Session

Us Congress House Bill HB970 Compare Versions

OldNewDifferences
1+I
12 119THCONGRESS
23 1
34 STSESSION H. R. 970
4-AN ACT
5+To amend title 38, United States Code, to require the Secretary of Veterans
6+Affairs to periodically review the automatic maximum coverage under
7+the Servicemembers’ Group Life Insurance program and the Veterans’
8+Group Life Insurance program, and for other purposes.
9+IN THE HOUSE OF REPRESENTATIVES
10+FEBRUARY4, 2025
11+Ms. S
12+TRICKLAND(for herself and Mr. SELF) introduced the following bill;
13+which was referred to the Committee on Veterans’ Affairs
14+A BILL
515 To amend title 38, United States Code, to require the Sec-
616 retary of Veterans Affairs to periodically review the auto-
717 matic maximum coverage under the Servicemembers’
818 Group Life Insurance program and the Veterans’ Group
9-Life Insurance program, and for other purposes. 2
10-•HR 970 EH
19+Life Insurance program, and for other purposes.
1120 Be it enacted by the Senate and House of Representa-1
1221 tives of the United States of America in Congress assembled, 2
1322 SECTION 1. SHORT TITLE. 3
1423 This Act may be cited as the ‘‘Fairness for 4
1524 Servicemembers and their Families Act of 2025’’. 5
16-SEC. 2. PERIODIC REVIEW OF AUTOMATIC MAXIMUM COV-6
17-ERAGE UNDER SERVICEMEMBERS’ GROUP 7
18-LIFE INSURANCE AND VETERANS’ GROUP 8
19-LIFE INSURANCE. 9
25+VerDate Sep 11 2014 16:54 Mar 03, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H970.IH H970
26+ssavage on LAPJG3WLY3PROD with BILLS 2
27+•HR 970 IH
28+SEC. 2. PERIODIC REVIEW OF AUTOMATIC MAXIMUM COV-1
29+ERAGE UNDER SERVICEMEMBERS’ GROUP 2
30+LIFE INSURANCE AND VETERANS’ GROUP 3
31+LIFE INSURANCE. 4
2032 (a) I
21-NGENERAL.—Subchapter III of chapter 19 of 10
22-title 38, United States Code, is amended by adding at the 11
23-end the following new section: 12
24-‘‘§ 1980B. Periodic review of automatic maximum cov-13
25-erage 14
33+NGENERAL.—Subchapter III of chapter 19 of 5
34+title 38, United States Code, is amended by adding at the 6
35+end the following new section: 7
36+‘‘§ 1980B. Periodic review of automatic maximum cov-8
37+erage 9
2638 ‘‘(a) I
27-NGENERAL.—On January 1, 2026, and every 15
28-five years thereafter, the Secretary shall— 16
29-‘‘(1) complete a review of how the amount spec-17
30-ified in section 1967(a)(3)(A)(i) compares to the 18
31-amount described in subsection (b); and 19
32-‘‘(2) submit to the Committees on Veterans’ Af-20
33-fairs of the House of Representatives and the Senate 21
34-the results of the review, which may serve as a guide 22
35-for coverage increases within the existing adminis-23
36-trative incremental structure. 24 3
37-•HR 970 EH
38-‘‘(b) AMOUNTDESCRIBED.—The amount described 1
39-in this subsection is the amount equal to— 2
40-‘‘(1) $500,000; multiplied by 3
41-‘‘(2) the average percentage by which the Con-4
42-sumer Price Index changed during the five fiscal 5
43-years preceding the review under subsection (a). 6
44-‘‘(c) C
45-ONSUMERPRICEINDEXDEFINED.—In this 7
46-section, the term ‘Consumer Price Index’ means the Con-8
47-sumer Price Index for All Urban Consumers published by 9
48-the Bureau of Labor Statistics of the Department of 10
49-Labor.’’. 11
39+NGENERAL.—On January 1, 2026, and every 10
40+five years thereafter, the Secretary shall— 11
41+‘‘(1) complete a review of how the amount spec-12
42+ified in section 1967(a)(3)(A)(i) compares to the 13
43+amount described in subsection (b); and 14
44+‘‘(2) submit to the Committees on Veterans’ Af-15
45+fairs of the House of Representatives and the Senate 16
46+the results of the review, which may serve as a guide 17
47+for coverage increases within the existing adminis-18
48+trative incremental structure. 19
49+‘‘(b) A
50+MOUNTDESCRIBED.—The amount described 20
51+in this subsection is the amount equal to— 21
52+‘‘(1) $500,000; multiplied by 22
53+‘‘(2) the average percentage by which the Con-23
54+sumer Price Index changed during the five fiscal 24
55+years preceding the review under subsection (a). 25
56+VerDate Sep 11 2014 16:54 Mar 03, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H970.IH H970
57+ssavage on LAPJG3WLY3PROD with BILLS 3
58+•HR 970 IH
59+‘‘(c) CONSUMERPRICEINDEXDEFINED.—In this 1
60+section, the term ‘Consumer Price Index’ means the Con-2
61+sumer Price Index for All Urban Consumers published by 3
62+the Bureau of Labor Statistics of the Department of 4
63+Labor.’’. 5
5064 (b) C
51-LERICALAMENDMENT.—The table of sections 12
52-at the beginning of chapter 19 of such title is amended 13
53-by inserting after the item relating to section 1980A the 14
54-following new item: 15
65+LERICALAMENDMENT.—The table of sections 6
66+at the beginning of chapter 19 of such title is amended 7
67+by inserting after the item relating to section 1980A the 8
68+following new item: 9
5569 ‘‘1980B. Periodic review of automatic maximum coverage.’’.
56-Passed the House of Representatives April 7, 2025.
57-Attest:
58-Clerk. 119
59-TH
60-CONGRESS
61-1
62-ST
63-S
64-ESSION
65-
66-H. R. 970
67-AN ACT
68-To amend title 38, United States Code, to require
69-the Secretary of Veterans Affairs to periodically
70-review the automatic maximum coverage under
71-the Servicemembers’ Group Life Insurance pro-
72-gram and the Veterans’ Group Life Insurance
73-program, and for other purposes.
70+Æ
71+VerDate Sep 11 2014 16:54 Mar 03, 2025 Jkt 059200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\H970.IH H970
72+ssavage on LAPJG3WLY3PROD with BILLS