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.

Bill: 118-hr-502
Sponsor: full_name: Rep. Banks, Jim [R-IN-3]
Introduced: 2023-01-25
Policy area: Armed Forces and National Security
Subjects: Administrative remedies

Veterans' education, employment, rehabilitation
Latest action: action_date: 2023-03-21
text: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 29.

Summaries:
action_date: 2023-01-25
action_desc: Introduced in House
text: <p>This bill modifies the process for repaying service members and veterans who paid to keep benefits under the Montgomery GI Bill, but later chose to utilize Post-9/11 GI Bill benefits. Specifically, the bill removes the requirement for the Department of Veterans Affairs (VA) to issue the repayments with the last monthly housing stipend under the Post-9/11 GI Bill. This requirement has limited the repayments to individuals who are receiving stipends. Under the bill, the VA must make such a repayment before the exhaustion of the individual's entitlement to education assistance.</p>

action_date: 2023-03-07
action_desc: Passed House
text: <p>This bill modifies the process for repaying service members and veterans who paid to keep benefits under the Montgomery GI Bill, but later chose to utilize Post-9/11 GI Bill benefits. Specifically, the bill removes the requirement for the Department of Veterans Affairs (VA) to issue the repayments with the last monthly housing stipend under the Post-9/11 GI Bill. This requirement has limited the repayments to individuals who are receiving stipends. Under the bill, the VA must make such a repayment before the exhaustion of the individual's entitlement to education assistance.</p> <p>Additionally, the bill extends through November 28, 2031, higher rates for certain loan fees under the VA home loan program.</p>

tv_txt: 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.

1. Repayment of members of the Armed Forces for contributions toward Post-9/11 Educational Assistance (a) In general Section 3327(f)(3) of title 38, United States Code, is amended by striking together and all that follows through (as applicable), . (b) Effective date The amendment made by subsection (a) shall take effect on August 1, 2023. 2. Modification of certain housing loan fees The loan fee table in section 3729(b)(2) of title 38, United States Code, is amended by striking November 14, 2031 each place it appears and inserting November 28, 2031 .

Passed the House of Representatives March 7, 2023. Cheryl L. Johnson, Clerk.

March 21, 2023 Read the second time and placed on the calendar

tv_txt: I 118th CONGRESS 1st Session H. R. 502 IN THE HOUSE OF REPRESENTATIVES 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.

1. Repayment of members of the Armed Forces for contributions toward Post-9/11 Educational Assistance (a) In general Section 3327(f)(3) of title 38, United States Code, is amended by striking together and all that follows through (as applicable), . (b) Effective date The amendment made by subsection (a) shall take effect on August 1, 2023. 2. Modification of certain housing loan fees The loan fee table in section 3729(b)(2) of title 38, United States Code, is amended by striking November 14, 2031 each place it appears and inserting November 28, 2031 .

Passed the House of Representatives March 7, 2023. Cheryl L. Johnson, Clerk.

tv_txt: I 118th CONGRESS 1st Session H. R. 502 IN THE HOUSE OF REPRESENTATIVES January 25, 2023 Mr. Banks introduced the following bill; which was referred to the Committee on Veterans' Affairs , and in addition to the Committee on the Budget , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL 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.

1. Repayment of members of the Armed Forces for contributions toward Post-9/11 Educational Assistance (a) In general Section 3327(f)(3) of title 38, United States Code, is amended by striking together and all that follows through (as applicable), . (b) Effective date The amendment made by subsection (a) shall take effect on August 1, 2023. 2. Modification of certain housing loan fees The loan fee table in section 3729(b)(2) of title 38, United States Code, is amended by striking January 14, 2031 each place it appears and inserting January 28, 2031 . 3. Determination of budgetary effects The budgetary effects of this Act, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled Budgetary Effects of PAYGO Legislation for this Act, submitted for printing in the Congressional Record by the Chairman of the House Budget Committee, provided that such statement has been submitted prior to the vote on passage.