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S 2316 114th Congress Senate Armed Forces and National Security Bank accounts, deposits, capital Fraud offenses and financial crimes Veterans' pensions and compensation

A bill to amend title 38, United States Code, to expand the requirements for reissuance of veterans benefits in cases of misuse of benefits by certain fiduciaries to include misuse by all fiduciaries, and to improve oversight of fiduciaries, and for other purposes.

Introduced: November 19, 2015 Introduced by: Blumenthal, Richard Democratic · Connecticut See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 29, 2016
Committee on Veterans' Affairs. Hearings held. Hearings printed: S.Hrg. 114-707.
Nov 19, 2015
Read twice and referred to the Committee on Veterans' Affairs.
Nov 19, 2015
Introduced in Senate
 Plain-English summary Congressional Research Service

This bill authorizes the Department of Veterans Affairs (VA) to reissue veterans benefits to a beneficiary in all cases of fiduciary misuse.

The VA shall pay the beneficiary or the successor fiduciary an amount equal to the misused benefits.

VA access to fiduciary-held financial accounts shall be increased by requiring any fiduciary to authorize the VA to obtain any financial record held by an institution regarding the fiduciary or the beneficiary whenever the VA determines that such record is necessary:

  • for the administration of a VA program; or
  • to safeguard the beneficiary's benefits against neglect, misappropriation, embezzlement, or fraud.
What's happening now June 29, 2016

Committee on Veterans' Affairs. Hearings held. Hearings printed: S.Hrg. 114-707.

 Committees of jurisdiction 1