Federal

To amend title 38, United States Code, to ensure that the Secretary of Veterans Affairs repays members of the Armed Forces for certain contributions made by such members towards Post-9/11 Educational Assistance, and for other purposes.

Source: Congress.gov · 383 words in original text

What This Bill Does

This bill makes changes to how the Department of Veterans Affairs handles educational benefits and housing loans for military members. The bill requires the Secretary of Veterans Affairs to repay members of the Armed Forces for certain money they contributed toward Post-9/11 Educational Assistance benefits.

Who It Affects

Members of the Armed Forces who made contributions toward Post-9/11 Educational Assistance.

Key Provisions

• The Secretary of Veterans Affairs must repay members of the Armed Forces for certain contributions they made toward Post-9/11 Educational Assistance (Sec. 1) • A specific provision in the law about Post-9/11 Educational Assistance contributions is amended by removing certain language (Sec. 1) • A date in the loan fee table for housing loans is changed from November 14, 2031 to November 28, 2031 (Sec. 2)

What Changes

If this becomes law, military members will receive repayment for contributions they made toward Post-9/11 Educational Assistance. Additionally, the deadline date referenced in the housing loan fee rules will be updated.

Important Definitions

Post-9/11 Educational Assistance: Not specified in bill text

Effective Date

August 1, 2023

II Calendar No. 29 118TH CONGRESS 1ST SESSION H. R. 502 IN THE SENATE OF THE UNITED STATES MARCH 8, 2023 Received MARCH 16, 2023 Read the first time MARCH 21, 2023 Read the second time and placed on the calendar AN ACT To amend title 38, United States Code, to ensure that the Secretary of Veterans Affairs repays members of the Armed Forces for certain contributions made by such members towards Post-9/11 Educational Assistance, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 VerDate Sep 11 2014 00:40 Mar 22, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H502.PCS H502 pbinns on DSKJLVW7X2PROD with $$_JOB 2 HR 502 PCS SECTION 1. REPAYMENT OF MEMBERS OF THE ARMED 1 FORCES FOR CONTRIBUTIONS TOWARD 2 POST-9/11 EDUCATIONAL ASSISTANCE. 3 (a) IN GENERAL.—Section 3327(f)(3) of title 38, 4 United States Code, is amended by striking ‘‘together’’ 5 and all that follows through ‘‘(as applicable),’’. 6 (b) EFFECTIVE DATE.—The amendment made by 7 subsection (a) shall take effect on August 1, 2023. 8 SEC. 2. MODIFICATION OF CERTAIN HOUSING LOAN FEES. 9 The loan fee table in section 3729(b)(2) of title 38, 10 United States Code, is amended by striking ‘‘November 11 14, 2031’’ each place it appears and inserting ‘‘November 12 28, 2031’’. 13 Passed the House of Representatives March 7, 2023. Attest: CHERYL L. JOHNSON, Clerk. VerDate Sep 11 2014 00:40 Mar 22, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H502.PCS H502 pbinns on DSKJLVW7X2PROD with $$_JOB VerDate Sep 11 2014 00:40 Mar 22, 2023 Jkt 039200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H502.PCS H502 pbinns on DSKJLVW7X2PROD with $$_JOB Calendar No. 29 118TH CONGRESS 1ST SESSION H. R. 502 AN ACT To amend title 38, United States Code, to ensure that the Secretary of Veterans Affairs repays members of the Armed Forces for certain con- tributions made by such members towards Post- 9/11 Educational Assistance, and for other pur- poses. MARCH 21, 2023 Read the second time and placed on the calendar VerDate Sep 11 2014 00:40 Mar 22, 2023 Jkt 039200 PO 00000 Frm 00004 Fmt 6651 Sfmt 6651 E:\BILLS\H502.PCS H502 pbinns on DSKJLVW7X2PROD with $$_JOB

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