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Press Release: Sen. Jim Banks Introduces VA Acquisition Reform Act to Streamline Procurement Processes

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Senator Jim Banks introduces the VA Acquisition Reform Act to improve VA procurement efficiency and support veterans' needs.

Quiver AI Summary

Senator Jim Banks (R-Ind.) recently introduced the VA Acquisition Reform Act, aimed at improving the efficiency of the Department of Veterans Affairs' acquisition processes. The proposed legislation seeks to streamline the command structure under the Chief Acquisition Officer, a move described as essential to enhancing VA's approximately $43 billion in annual contract spending.

In a statement, Banks emphasized the goal of cutting red tape to ensure that veterans receive the care and facilities they deserve. The act includes provisions such as consolidating staff across departments and establishing regional acquisition teams.

The Department of Veterans Affairs has faced criticism for its complex and inefficient purchasing processes, leading to calls for reform from various oversight bodies. Banks's legislation is positioned as a significant step in addressing these challenges and enhancing service delivery to veterans.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Jim Banks Bill Proposals

Here are some bills which have recently been proposed by Jim Banks:

  • S.2460: A bill to establish a pilot program to convert blighted buildings into housing.
  • S.2412: A bill to amend title 38, United States Code, to reform the requirements and authorities of the Director of Construction and Facilities Management of the Department of Veterans Affairs and to reform the acquisition, procurement, logistics, leasing, and construction activities of the Department, and for other purposes.
  • S.2385: A bill to codify Executive Order 14253 relating to restoring truth and sanity to American history, and for other purposes.
  • S.2308: A bill to amend the Federal Land Recreation Enhancement Act to authorize the Secretary of the Interior to collect a surcharge from international visitors to units of the National Park System, and for other purposes.
  • S.2292: A bill to amend the Federal Food, Drug, and Cosmetic Act to revise and extend the user fee program for over-the-counter monograph drugs, and for other purposes.
  • S.2216: Weapons Resupply, Stockpile, and Alliance–Israel Act

You can track bills proposed by Jim Banks on Quiver Quantitative's politician page for Banks.

Jim Banks Fundraising

Jim Banks recently disclosed $296.9K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 301st most from all Q2 reports we have seen this year. 78.7% came from individual donors.

Banks disclosed $448.5K of spending. This was the 100th most from all Q2 reports we have seen from politicians so far this year.

Banks disclosed $2.7M of cash on hand at the end of the filing period. This was the 106th most from all Q2 reports we have seen this year.

You can see the disclosure here, or track Jim Banks's fundraising on Quiver Quantitative.

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