Sec. 1. Expansion of requirements for reissuance of veterans benefits in cases of misuse of benefits by certain fiduciaries to include misuse by all fiduciaries
139 words·~1 min read·
/bill/114/s/2316/is/section-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 6107 of title 38, United States Code, is amended— by striking subsections
(a)and
(b)and inserting the following new subsection (a): In any case in which a fiduciary misuses all or part of an individual's benefit paid to such fiduciary, the Secretary shall pay to the beneficiary or the beneficiary's successor fiduciary an amount equal to the amount of such benefit so misused. In any case in which the Secretary obtains recoupment from a fiduciary who has misused benefits, the Secretary shall promptly remit payment of the recouped amounts to the beneficiary or the beneficiary's successor fiduciary as the case may be to the extent that such amounts have not been reissued under paragraph (1). ; in subsection (d), by striking or
(b); and by redesignating subsections
(c)and
(d)as subsections
(b)and (c), respectively.