We have received text from H.R. 5946: Stamp Out Veterans Medical Debt Act. This bill was received on 2025-11-07, and currently has 2 cosponsors.
Here is a short summary of the bill:
This bill is titled the "Stamp Out Veterans Medical Debt Act." Its primary purpose is to create a special postage stamp called the "Veterans Medical Debt Relief Stamp" that the U.S. Postal Service would sell to the public. The revenue generated from the sale of this stamp would be used to help pay off medical debt incurred by veterans who received hospital care, medical services, and extended care services from the Department of Veterans Affairs (VA), including services provided through the Community Care Program.
Key Features of the Bill
- Issuance of the Stamp: The Veterans Medical Debt Relief Stamp would be available for purchase, allowing individuals to contribute to a fund designed to relieve the medical debt of veterans.
- Transfer of Funds: All money collected from the sale of this stamp would be directed to the Department of Veterans Affairs to assist in managing and paying debts related to veterans' medical bills.
- Stamp Design: The stamp would have a unique design determined by the U.S. Postal Service and would be issued in time for Veterans Day each year.
- No Limit on Issuance: The bill does not impose a limit on the quantity of stamps that can be issued, allowing for potentially unlimited sales depending on public interest.
Use of Funds
The Department of Veterans Affairs would be responsible for distributing the funds collected from the sale of the stamp among its various offices. These offices include the Veterans Health Administration, the Debt Management Center, the Financial Service Center, and the VHA Revenue Operations. The purpose of these funds would be to pay down medical debts specifically related to unresolved copayments and coinsurance for services provided to veterans.
Objective
The overall goal of this legislation is to provide a convenient avenue for the public to support veterans financially by contributing to the reduction of their medical debts. By facilitating these contributions through the purchase of a special postage stamp, the bill aims to alleviate some of the financial burdens that veterans may face regarding their healthcare expenses.
Implementation Timeline
The stamp is meant to be available annually in time for Veterans Day, emphasizing its connection to the recognition and appreciation of veteran service members.
Relevant Companies
None found.
Representative Mike Flood Bill Proposals
Here are some bills which have recently been proposed by Representative Mike Flood:
- H.R.5947: To designate the facility of the United States Postal Service located at 1201 Calvert Street in Lincoln, Nebraska, as the "Commodore Dixie Kiefer Memorial Post Office Building".
- H.R.5946: Stamp Out Veterans Medical Debt Act
- H.R.5945: USS Frank E. Evans Act
- H.R.5878: HOME Reform Act of 2025
- H.R.5798: HOME Reform Act of 2025
- H.R.5357: College Students Continuation of Mental Health Care Act of 2025
You can track bills proposed by Representative Mike Flood on Quiver Quantitative's politician page for Flood.
Representative Mike Flood Net Worth
Quiver Quantitative estimates that Representative Mike Flood is worth $8.2M, as of November 15th, 2025. This is the 124th highest net worth in Congress, per our live estimates.
Flood has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Representative Mike Flood's net worth on Quiver Quantitative's politician page for Flood.
Representative Mike Flood Stock Trading
We have data on up to $15.0K of trades from Representative Mike Flood, which we parsed from STOCK Act filings.
You can track Representative Mike Flood's stock trading on Quiver Quantitative's politician page for Flood.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
