Faster Payments to Veterans' Survivors Act of 2022
This bill modifies policies and procedures related to the payment of benefits under certain life insurance programs administered by the Department of Veterans Affairs (VA).
If a primary beneficiary has not made a claim for payment within one year (currently two years) after the death of the insured under the National Service Life Insurance (NSLI) program or the United States Government Life Insurance (USGLI) program, the VA is authorized to make payment to another designated beneficiary as if the primary beneficiary had predeceased the insured. If no designated beneficiary makes a claim within two years (currently four years) after the death of the insured, the VA is authorized to make a payment to a person the VA deems to be equitably entitled to such benefit.
The bill also modifies the beneficiary designation process under NSLI and USGLI. Specifically, if a person does not designate a beneficiary for insurance, or if the designated beneficiary predeceases the insured person, the VA must determine the beneficiary in a specified order of succession.
Additionally, the bill requires the VA to improve its processes and procedures with respect to identifying, locating, and paying hard-to-find beneficiaries of life insurance policies, including by improving its website search tools.
Action Date | Type | Text | Source |
---|---|---|---|
2022-12-27 | President | Became Public Law No: 117-313. | Library of Congress |
2022-12-27 | President | Signed by President. | Library of Congress |
2022-12-23 | Floor | Presented to President. | House floor actions |
2022-12-20 | Floor | Message on Senate action sent to the House. | Senate |
2022-12-19 | Floor | Passed Senate without amendment by Unanimous Consent. (consideration: CR S7302) | Senate |
2022-09-15 | IntroReferral | Received in the Senate, read twice. | Senate |
2022-09-14 | Floor | Pursuant to section 11 of H. Res. 1339, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 1468, as amended; H.R. 5865; H.R. 5916, as amended; H.R. 7735, as amended; H.R. 7846; H.R. 7939, as amended; H.R. 8260, as amended; and S. 4205. (consideration: CR H7814-7822; text: CR H7820-7821) | House floor actions |
2022-09-14 | Floor | Pursuant to the provisions of H. Res. 1339, proceedings on H.R. 8260 are considered vacated. | House floor actions |
2022-09-13 | Floor | At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. | House floor actions |
2022-09-13 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 8260. | House floor actions |
2022-09-13 | Floor | Considered under suspension of the rules. (consideration: CR H7770-7772; text: CR H7770-7771) | House floor actions |
2022-09-13 | Floor | Mr. Takano moved to suspend the rules and pass the bill, as amended. | House floor actions |
2022-09-13 | Calendars | Placed on the Union Calendar, Calendar No. 360. | House floor actions |
2022-09-13 | Committee | Reported by the Committee on Veterans' Affairs. H. Rept. 117-463. | House floor actions |
2022-07-19 | Committee | Ordered to be Reported by Voice Vote. | House committee actions |
2022-07-19 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
2022-07-18 | Committee | Subcommittee on Oversight and Investigations Discharged. | House committee actions |
2022-07-14 | Committee | Referred to the Subcommittee on Oversight and Investigations. | House committee actions |
2022-07-01 | IntroReferral | Referred to the House Committee on Veterans' Affairs. | House floor actions |
2022-07-01 | IntroReferral | Introduced in House | Library of Congress |