Servicemember and Veteran Financial Transparency Act

Bill: 114-hr-5266
Sponsor: full_name: Rep. DeSaulnier, Mark [D-CA-11]
Introduced: 2016-05-17
Policy area: Armed Forces and National Security
Subjects: Disability and paralysis

Employment and training programs

Government information and archives

Veterans' education, employment, rehabilitation

Veterans' pensions and compensation
Latest action: action_date: 2016-06-07
text: Referred to the Subcommittee on Military Personnel.

Summaries:
action_date: 2016-05-17
action_desc: Introduced in House
text: <p><strong>Servicemember and Veteran Financial Transparency Act </strong></p> <p>This bill requires that the Department of Labor's employment and training transition program for members of the Armed Forces separating from active duty include information about the requirement that a veteran who receives voluntary separation pay will have monthly amounts deducted from his or her Department of Veterans Affairs disability compensation until the total amount deducted equals the amount of voluntary separation pay received.</p>

tv_txt: I 114th CONGRESS 2d Session H. R. 5266 IN THE HOUSE OF REPRESENTATIVES May 17, 2016 Mr. DeSaulnier (for himself and Mr. Jones ) introduced the following bill; which was referred to the Committee on Armed Services A BILL To amend title 10, United States Code, to ensure that information regarding the deduction of amounts of disability compensation by reason of voluntary separation pay is provided to members of the Armed Forces separating from the Armed Forces.

1. Short title This Act may be cited as the Servicemember and Veteran Financial Transparency Act . 2. Inclusion of information in Transition Assistance Program Section 1144(b) of title 10, United States Code, is amended by adding at the end the following new paragraph: (10) Provide information regarding the deduction of disability compensation paid by the Secretary of Veterans Affairs pursuant to section 1175a(h) of this title by reason of voluntary separation pay received by the member. .