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Code · STATUTE-COMPILATIONS · William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 · Sec. 9106

Sec. 9106. DEPARTMENT OF VETERANS AFFAIRS REPORT ON UNDISBURSED FUNDS

344 words·~2 min read·/statute-compilations/comps-16736/sec-9106

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## SEC. 9106 DEPARTMENT OF VETERANS AFFAIRS REPORT ON UNDISBURSED FUNDS ###
(a)Report Required Not later than 120 days after the date of the enactment of this Act, the Secretary of Veterans Affairs shall submit to the Committees on Veterans’ Affairs of the Senate and House of Representatives a report on the undisbursed funds of the Department of Veterans Affairs. ###
(b)Elements The report required under subsection
(a)shall include each of the following: ####
(1)The total quantities and value, for each of the preceding ten fiscal years, of— #####
(A)the undisbursed funds in the possession of the Department; and #####
(B)the undisbursed funds of the Department that were transferred to the Department of Treasury. ####
(2)The policies and procedures of the Department for managing undisbursed funds and for communicating with veterans, other beneficiaries, and heirs regarding undisbursed funds. ####
(3)The challenges regarding the policies and procedures identified under paragraph (2), any legal barriers to improving such policies and procedures, and the plans of the Secretary for improvement. ###
(c)Review of Report The Comptroller General of the United States shall conduct a review of the report submitted under subsection (a). ###
(d)Undisbursed Funds Defined The term “undisbursed funds”— ####
(1)means any amount of money that is owed to a beneficiary and that has not been disbursed— #####
(A)in the case of an amount that is owed by reason of an insurance benefit under chapter 19 of title 38, United States Code, for a period of one year or longer; or #####
(B)in the case of an amount that is owed by reason of any other benefit under the laws administered by the Secretary of Veterans Affairs, for a period of 30 days or longer; and ####
(2)does not include any amount of money that— #####
(A)has not been disbursed due to a contested claim for benefits under the laws administered by the Secretary; or #####
(B)is in dispute by two or more parties over who is the entitled beneficiary.
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