Veteran Education Assistance Adjustment Act

Bill: 118-hr-8514
Sponsor: full_name: Rep. Vasquez, Gabe [D-NM-2]
Introduced: 2024-05-22
Policy area: Armed Forces and National Security
Subjects: Higher education

Inflation and prices

Student aid and college costs

Veterans' loans, housing, homeless programs
Latest action: action_date: 2024-06-27
text: Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote.

Summaries:

tv_txt: I 118th CONGRESS 2d Session H. R. 8514 IN THE HOUSE OF REPRESENTATIVES May 22, 2024 Mr. Vasquez introduced the following bill; which was referred to the Committee on Veterans' Affairs A BILL To amend title 38, United States Code, to provide for an annual increase in stipend for books, supplies, equipment, and other educational costs under Post-9/11 Educational Assistance Program of Department of Veterans Affairs.

1. Short title This Act may be cited as the Veteran Education Assistance Adjustment Act . 2. Annual increase in stipend for books, supplies, equipment, and other educational costs under Post-9/11 Educational Assistance Program of Department of Veterans Affairs Section 3313 of title 38, United States Code, is amended— (1) in subsection (c)(1)(B)(iv)(I), by striking $1,000 and inserting $1,400 ; (2) in subsection (e)(2)(B)(i), by striking $1,000 and inserting $1,400 ; and (3) by adding at the end the following new subsection: (m) Annual increase in stipend for books, supplies, equipment, and other educational costs With respect to fiscal year 2025 and each subsequent fiscal year, the Secretary shall provide a percentage increase (rounded to the nearest dollar) in the amounts payable under subsections (c)(1)(B)(iv)(I), (e)(2)(B)(i), and (g)(3)(A)(iii), equal to the percentage by which— (1) the Consumer Price Index for all urban consumers (U.S. city average) for the 12-month period ending on the June 30 preceding the beginning of the fiscal year for which the increase is made, exceeds (2) the Consumer Price Index for the 12-month period preceding the 12-month period described in paragraph (1). .