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HR 2222 107th Congress House Armed Forces and National Security Age (Law) Annuities Disabled Disabled veterans Economics and Public Finance Families Federally-assisted loans Finance and Financial Sector Government life insurance Housing and Community Development Insurance premiums Insurance rates Interest rates Labor and Employment Law Mortgage guaranty insurance Mortgage loans Social Welfare Survivors' benefits

Veterans Life Insurance Improvement Act of 2001

Introduced: June 19, 2001 See on congress.gov
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 11, 2002
Subcommittee Hearings Held.
Jun 29, 2001
Referred to the Subcommittee on Benefits.
Jun 19, 2001
Referred to the House Committee on Veterans' Affairs.
Jun 19, 2001
Introduced in House
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 Plain-English summary Congressional Research Service
Veterans Life Insurance Improvement Act of 2001 - Amends Federal provisions concerning the National Service Life Insurance and United States Government Life Insurance programs to allow payment of their insurance proceeds to: (1) another beneficiary if the first designated beneficiary has not made a claim to such payment within two years after the death of the insured; and (2) a person designated by the Secretary of Veterans Affairs if no claim has been filed by any designated beneficiary within four years after the insured's death.

Requires service-disabled life insurance premium rates, as well as all policy cash, loan, paid-up, and extended values, for months beginning on or after the date of enactment of this Act to be based on the 1980 Commissioners Standard Ordinary Basic Table of Mortality, with five percent annual interest.

Increases from $90,000 to $200,000 the maximum amount of veterans' mortgage life insurance coverage. Requires the United States to automatically insure any eligible veteran age 69 or younger (currently, any eligible veteran) for such coverage. Repeals the provision terminating such coverage upon the veteran's 70th birthday.

What's happening now April 11, 2002

Subcommittee Hearings Held.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 4
All 4 Democratic 4
D
Bishop, Sanford D.
Georgia · Jun 18, 2002
 D
Norton, Eleanor Holmes
District of Columbia · Sep 20, 2001
 D
Meeks, Gregory W.
New York · Jul 17, 2001
 D
McGovern, James P.
Massachusetts · Jun 28, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2222: Veterans Life Insurance Improvement Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-2222/
MLA
"H.R. 2222: Veterans Life Insurance Improvement Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-2222/.
Bluebook (legal)
H.R. 2222, 107th Cong. (2026), https://openamerica.io/bill/107-HR-2222/.
Markdown link
[H.R. 2222: Veterans Life Insurance Improvement Act of 2001](https://openamerica.io/bill/107-HR-2222/)
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