Agency Information Collection Activity: Financial Status Report
Published Date: 7/30/2026
Notice
Summary
Debt Management Center (DMC), Department of Veterans Affairs (VA), is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of a currently approved collection, and allow 60 days for public comment in response to the notice.
Analyzed Economic Effects
3 provisions identified: 2 benefits, 1 costs, 0 mixed.
Resumption of VA Debt Collections
Collections of VA debts were paused on new debts in April 2020 and resumed for suspended debts beginning May 2022. The Debt Management Center says the resumption has increased use of VA Form 5655 and increased burden; VA estimates 150,871 respondents and 150,871 annual burden hours with an average of 60 minutes per respondent.
Automatic 36‑Month Extension for Overpayments
Repayment plans on compensation and pension benefit overpayments now automatically extend for 36 months instead of 12 months when the account is over the minimum monthly payment threshold.
Form 5655 Not Required for ≤60‑Month Plans
VA no longer requires VA Form 5655 to approve repayment plans that extend 60 months or fewer. Previously, VA Form 5655 was required to approve repayment plans extending greater than 12 months.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-11973, Implementing Regulation for National Environmental Policy Act (NEPA): Environmental Effects of the Department of Veterans Affairs Actions
The Department of Veterans Affairs is updating how it checks the environmental impact of its projects to be faster, clearer, and more in line with new laws passed since 1989. This change affects VA staff and veterans by improving planning and making sure VA actions protect the environment while delivering care. The new rules start June 15, 2026, and the VA welcomes feedback until July 15, 2026.
2025-21242, Extending Deadline for Debtor To Request a Waiver
The VA is giving veterans more time—up to one year instead of 180 days—to ask for a waiver on debts related to benefits. This change, effective January 26, 2026, helps reduce stress by giving veterans extra breathing room to handle their debt issues. It doesn’t cost veterans extra money but makes the process friendlier and fairer.
2025-18827, Extension of Program of Comprehensive Assistance for Family Caregivers Eligibility for Legacy Participants and Legacy Applicants
The VA is giving family caregivers of veterans more time to stay in their special support program by extending the deadline from 2025 to 2028. This means caregivers and veterans who joined the program earlier (the legacy group) can keep getting help for three more years. No changes to money or benefits, just extra time to enjoy the support they deserve!
2025-14687, Reproductive Health Services
The VA is planning to stop covering abortions and abortion counseling again, reversing a 2022 change. This affects veterans and their families who use VA and CHAMPVA health benefits. The change aims to focus VA services on what they consider essential care, with no new costs or timing details shared yet.
2026-15353, Agency Information Collection Activity: Medical Expense Report
Veterans Benefits Administration, Department of Veterans Affairs (VA), is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of a currently approved collection, and allow 60 days for public comment in response to the notice.
2026-15375, Agency Information Collection Activity Under OMB Review: Appointment of Veterans Service Organization as Claimant's Representative and Appointment of Individual as Claimant's Representative
In compliance with the Paperwork Reduction Act (PRA) of 1995, this notice announces that the Veterans Benefits Administration (VBA), Department of Veterans Affairs, will submit the collection of information abstracted below to the Office of Management and Budget (OMB) for review and comment. The PRA submission describes the nature of the information collection and its expected cost and burden, and it includes the actual data collection instrument.
Previous / Next Documents
Previous: 2026-15354, Agency Information Collection Activity: PayVA (Pay Now Enter Info Page)
Debt Management Center (DMC), Department of Veterans Affairs (VA), is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of a currently approved collection, and allow 60 days for public comment in response to the notice.
Next: 2026-15356, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.