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HR 4229 108th Congress House Armed Forces and National Security Annuities Disabled Economics and Public Finance Finance and Financial Sector Government insurance Housing and Community Development Insurance premiums Interest rates Labor and Employment Life insurance Mortality Mortgages Revolving funds Valuation Veterans' benefits Veterans' pensions

Fair Insurance Premiums for Disabled Veterans Act

Introduced: April 28, 2004 See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 6, 2004
Referred to the Subcommittee on Benefits.
May 4, 2004
Sponsor introductory remarks on measure. (CR E739)
Apr 28, 2004
Referred to the House Committee on Veterans' Affairs.
Apr 28, 2004
Introduced in House
 Plain-English summary Congressional Research Service

Fair Insurance Premiums for Disabled Veterans Act - Amends Federal provisions concerning service-disabled veterans' life insurance to state that the premium rates for such insurance: (1) for months beginning before the date of enactment of this Act shall be based upon the Commissioners 1941 Standard Ordinary Table of Mortality and interest at the rate of 2 and one-fourth percent per year; and (2) for months beginning on or after the date of enactment of this Act shall be based upon the 2001 Commissioners Standard Ordinary Table of Mortality at a four and one-half percent interest rate. Makes the same changes with respect to all policy cash, loan, paid-up, and extended values.

Increases from $90,000 to $200,000 the maximum amount of veterans' mortgage life insurance coverage.

What's happening now May 6, 2004

Referred to the Subcommittee on Benefits.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1