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II
118TH CONGRESS
2D SESSION
H. R. 2911
IN THE SENATE OF THE UNITED STATES
SEPTEMBER 18, 2024
Received
AN ACT
To amend title 38, United States Code, to require the Sec-
retary of Veterans Affairs to periodically review the auto-
matic maximum coverage under the Servicemembers’
Group Life Insurance program and the Veterans’ Group
Life Insurance program, and for other purposes.
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HR 2911 RDS
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘Fairness for
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Servicemembers and their Families Act of 2024’’.
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SEC. 2. PERIODIC REVIEW OF AUTOMATIC MAXIMUM COV-
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ERAGE UNDER SERVICEMEMBERS’ GROUP
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LIFE INSURANCE AND VETERANS’ GROUP
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LIFE INSURANCE.
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(a) IN GENERAL.—Subchapter III of chapter 19 of
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title 38, United States Code, is amended by adding at the
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end the following new section:
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‘‘§ 1980B. Periodic review of automatic maximum cov-
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erage
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‘‘(a) IN GENERAL.—On January 1, 2025, and every
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five years thereafter, the Secretary shall—
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‘‘(1) complete a review of how the amount spec-
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ified in section 1967(a)(3)(A)(i) compares to the
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amount described in subsection (b); and
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‘‘(2) submit to the Committees on Veterans’ Af-
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fairs of the House of Representatives and the Senate
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the results of the review.
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‘‘(b) AMOUNT DESCRIBED.—The amount described
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in this subsection is the amount equal to—
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‘‘(1) $500,000; multiplied by
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HR 2911 RDS
‘‘(2) the average percentage by which the Con-
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sumer Price Index changed during the five fiscal
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years preceding the review under subsection (a).
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‘‘(c) CONSUMER PRICE INDEX DEFINED.—In this
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section, the term ‘Consumer Price Index’ means the Con-
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sumer Price Index for All Urban Consumers published by
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the Bureau of Labor Statistics of the Department of
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Labor.’’.
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(b) CLERICAL AMENDMENT.—The table of sections
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at the beginning of chapter 19 of such title is amended
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by inserting after the item relating to section 1980A the
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following new item:
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‘‘1980B. Periodic review of automatic maximum coverage.’’.
Passed the House of Representatives September 17,
2024.
Attest:
KEVIN F. MCCUMBER,
Clerk.
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