Veterans Rapid Retraining Assistance Program Restoration and Recovery Act of 2022

To restore entitlement to educational assistance under Veterans Rapid Retraining Program in cases of a closure of an educational institution or a disapproval of a program of education, and for other purposes. 1. Short title This Act may be cited as the Veterans Rapid Retraining Assistance Program Restoration and Recovery Act of 2022 2. Restoration of entitlement under Veterans Rapid Retraining Assistance Program (a) In general Section 8006 of the American Rescue Plan Act of 2021 ( Public Law 117–2 Public Law 117–16 (1) by redesignating subsection (n) as subsection (o); and (2) by inserting after subsection (m), the following new subsection (n): (n) Effects of closure of an educational institution or disapproval of a program of education (1) In general Any payment of retraining assistance under subsection (d)(1) shall not be charged against any entitlement to retraining assistance described in subsection (a) if the Secretary determines that an individual was unable to complete a course or program of education as a result of — (A) the closure of an educational institution; or (B) the disapproval of a program of education by the State approving agency or the Secretary when acting in the role of the State approving agency. (2) Period not charged The period for which, by reason of this subsection, retraining assistance is not charged shall be equal to the full amount of retraining assistance provided for enrollment in the program of education. (3) Halt of payments to certain educational institutions In the event of a closure or disapproval, as described in paragraph (1), the educational institution shall not receive any further payments under subsection (d). (4) Recovery of funds In the event of a closure or disapproval, as described in paragraph (1), any payment already made under subsection (d) to the educational institution shall be considered an overpayment and constitute a liability of such institution to the United States. . (b) Conforming amendment In subsection (b)(3) of such section, strike the period and insert , except for an individual described in subsection (n). (c) Effective date The amendments made by this section shall apply as if included in the American Rescue Plan Act of 2021 ( Public Law 117–2

Summary: Veterans Rapid Retraining Assistance Program Restoration and Recovery Act of 2022 This bill prohibits the Department of Veterans Affairs (VA) from charging any entitlement to retraining assistance under the Veteran Rapid Retraining Assistance Program in situations where an individual was unable to complete a course or program as a result of the closure of an educational institution or the disapproval of a program by the state approving agency or the VA. The period for which retraining assistance is not charged must be equal to the full amount of retraining assistance provided for enrollment in the program of education. In the event of a closure or disapproval, the educational institution must not receive any further payments under the program, and any payment already made must be considered an overpayment and constitute a liability of the institution to the United States.