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119-hr-8767119th Congress

Compensation Fund Recrediting Act

Sponsored By: Representative Self, Keith [R-TX-3]

In Committee

Summary

Winds down the Filipino Veterans Equity Compensation Fund. This bill would set a fixed sunset so the fund's authority ends on January 1, 2027 and would require any remaining balances to be deposited into the general fund of the Treasury. The change ends the fund's ability to maintain or disburse payments after that date and does not create new appropriations.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

End Filipino veterans compensation fund

This bill would amend the 2009 recovery law to wind down the Filipino Veterans Equity Compensation Fund. The change would take effect upon enactment. On January 1, 2027 the fund section would cease to have any effect. Any money left in the fund on that date would be deposited into the Treasury general fund. If you are an eligible Filipino veteran, you could lose future payments from this fund.

Sponsors & CoSponsors

Sponsor

Self, Keith [R-TX-3]

TX • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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