H.R. 1965: Veteran Education Assistance Adjustment Act
The Veteran Education Assistance Adjustment Act is legislation aimed at improving financial support for veterans pursuing education through the Post-9/11 Educational Assistance Program managed by the Department of Veterans Affairs.
Purpose of the Bill
The primary purpose of this bill is to amend existing laws to provide an annual increase in stipends for educational expenses such as books, supplies, and equipment. Specifically, it seeks to adjust the financial assistance given to veterans attending school.
Key Provisions
- Increase in Stipend Amounts: The bill proposes to increase the current stipend for educational expenses from $1,000 to $1,400. This adjustment would apply to specific sections outlined in the U.S. Code regarding educational assistance.
- Annual Adjustments: Starting from fiscal year 2026 and for each year thereafter, the bill mandates that the stipend amounts will be reviewed and adjusted annually. The adjustment will be based on the percentage increase in the Consumer Price Index (CPI) for urban consumers calculated over the previous year.
Consumer Price Index Adjustment
The bill outlines a formula that the Secretary of Veterans Affairs must follow to determine the annual percentage increase in the stipends. This formula considers the CPI from a specific 12-month period compared to the CPI from the prior year to ensure that the stipends keep pace with inflation and rising educational costs.
Impact on Educational Support
By increasing the stipends for educational expenses and tying future increases to inflation, the bill aims to enhance the financial support system for veterans. This change is intended to alleviate some of the financial burdens associated with pursuing higher education.
Relevant Companies
- None found
This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
28 bill sponsors
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TrackGabe Vasquez
Sponsor
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TrackRobert Bresnahan
Co-Sponsor
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TrackJulia Brownley
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TrackNikki Budzinski
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TrackSalud O. Carbajal
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TrackAndré Carson
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TrackJuan Ciscomani
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TrackSteve Cohen
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TrackHerbert Conaway
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TrackAngie Craig
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TrackBrian K. Fitzpatrick
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TrackJosh Harder
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TrackTimothy M. Kennedy
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TrackNick LaLota
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TrackTed Lieu
Co-Sponsor
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TrackZoe Lofgren
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TrackApril McClain Delaney
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TrackMorgan McGarvey
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TrackCory Mills
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TrackDelia C. Ramirez
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TrackAndrea Salinas
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TrackEric Sorensen
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TrackDina Titus
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TrackDavid G. Valadao
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TrackJefferson Van Drew
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TrackDerrick Van Orden
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TrackEugene Vindman
Co-Sponsor
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TrackGeorge Whitesides
Co-Sponsor
Actions
5 actions
| Date | Action |
|---|---|
| Jun. 11, 2025 | Subcommittee Hearings Held |
| Mar. 27, 2025 | Referred to the Subcommittee on Economic Opportunity. |
| Mar. 06, 2025 | Referred to the House Committee on Veterans' Affairs. |
| Mar. 03, 2025 | Introduced in House |
| Mar. 03, 2025 | Sponsor introductory remarks on measure. (CR H924-925) |
Corporate Lobbying
0 companies lobbying
None found.
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Potentially Relevant Congressional Stock Trades
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