Veterans' Credit Protection Act

To require the Secretary of Veterans Affairs to conduct outreach to veterans regarding the effect of certain delayed payments by the Secretary, to require the Secretary to submit to Congress an annual report regarding such delayed payments, and for other purposes. 1. Short title This Act may be cited as the Veterans’ Credit Protection Act 2. Outreach to veterans regarding effect of delayed payments by Veterans Integrated Service Networks (a) Outreach (1) In general The Secretary of Veterans Affairs shall conduct outreach, including through national and local veterans service organizations, to inform veterans of how to resolve credit issues caused by a delayed payment. (2) Ability to report issues The Secretary shall establish a toll-free telephone number for veterans to report credit issues described in paragraph (1) to the Veterans Integrated Service Networks of the Department of Veterans Affairs. (b) Annual report (1) In general Not later than one year after the date of the enactment of this Act, and not less frequently than annually thereafter, the Secretary shall submit to Congress a report on the effectiveness of each Veterans Integrated Service Network in providing timely payment of a proper invoice by the required payment date during both the five-year period preceding the date of the report and the one-year period preceding such date. (2) Elements Each report required by paragraph (1) shall include, for each period covered by the report, the following: (A) The number of veterans who contacted the Secretary regarding a delayed payment that negatively affected, or will potentially negatively affect, the credit of the veteran. (B) The total amount of interest penalties paid by the Secretary under section 3902 of title 31, United States Code, by reason of a delayed payment. (C) The number of proper invoices submitted, listed in a table for each quarter and fiscal year of each such period that includes the following: (i) The total amount owed by the Secretary under the proper invoices. (ii) The payment status of each proper invoice, as of the date of the report. (iii) The period that elapsed until each proper invoice was paid, including an explanation of any delayed payment. (D) Such comments made by medical providers regarding delayed payments to such medical providers that the Secretary has received and considers relevant. (E) An identification of the Veterans Integrated Service Network with the least number of delayed payments and the Veterans Integrated Service Network with the most number of delayed payments. (F) A description of the best practices that a Veterans Integrated Service Network can carry out to provide timely payment of a proper invoice, including a plan for underperforming Veterans Integrated Service Networks to improve such timely payments. (c) Comptroller General study (1) In general The Comptroller General of the United States shall conduct a study that assesses the effectiveness of each Veterans Integrated Service Network in providing timely payment of a proper invoice by the required payment date. (2) Submittal The Comptroller General shall submit to Congress a report on the study conducted under paragraph (1), including the total amount of interest penalties paid by the Secretary under section 3902 (d) Definitions In this section: (1) Delayed payment The term delayed payment (2) Proper invoice The term proper invoice section 3901(a) (3) Required payment date The term required payment date section 3903(a) (4) Veterans service organization The term veterans service organization

Summary: Veterans' Credit Protection Act - Directs the Secretary of Veterans Affairs (VA) to: (1) conduct outreach to inform veterans of how to resolve credit issues caused by a delayed payment (i.e., a proper invoice that is not paid by the Secretary until after the required payment date); and (2) establish a toll-free telephone number for veterans to report such issues to the Veterans Integrated Service Networks. Requires the Secretary to report annually on the effectiveness of each Network in providing timely payment of proper invoices during both the preceding five-year period and the preceding one-year period. Requires such report to include: the number of veterans who contacted the Secretary regarding delayed payments that could negatively affect their credit; the total amount of interest penalties paid by the Secretary by reason of delayed payments; the number of proper invoices submitted, the amount owed for and the payment status of such invoices, and the periods that elapsed before such invoices were paid; relevant comments received from medical providers regarding delayed payments; identification of the Networks with the least and most delayed payments; and a description of the best practices to provide timely payment of a proper invoice, including a plan for under-performing Networks to improve. Directs the Comptroller General (GAO) to conduct a study that assesses the effectiveness of each Network in providing timely payment of proper invoices.