Sec. 2. PERIODIC REVIEW OF AUTOMATIC MAXIMUM COVERAGE UNDER SERVICEMEMBERS’ GROUP LIFE INSURANCE AND VETERANS’ GROUP LIFE INSURANCE

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## SEC. 2 PERIODIC REVIEW OF AUTOMATIC MAXIMUM COVERAGE UNDER SERVICEMEMBERS’ GROUP LIFE INSURANCE AND VETERANS’ GROUP LIFE INSURANCE ###

(a)In General Subchapter III of chapter 19 of title 38, United States Code, is amended by adding at the end the following new section: > > ## “SEC. 1980B Periodic review of automatic maximum coverage > > **[**[38 U.S.C. 1980B](/us/usc/t38/s1980B)**]** > > > ### “(a) In General > > On January 1, 2026, and every five years thereafter, the Secretary shall— > > > #### “(1) > > complete a review of how the amount specified in section 1967(a)(3)(A)(i) compares to the amount described in subsection (b); and > > > #### “(2) > > submit to the Committees on Veterans’ Affairs of the House of Representatives and the Senate the results of the review, which may serve as a guide for coverage increases within the existing administrative incremental structure. > > > ### “(b) Amount Described > > The amount described in this subsection is the amount equal to— > > > #### “(1) > > $500,000; multiplied by > > > #### “(2) > > the average percentage by which the Consumer Price Index changed during the five fiscal years preceding the review under subsection (a). > > > ### “(c) Consumer Price Index Defined > > In this section, the term ‘Consumer Price Index’ means the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor.” > . ###

(b)Clerical Amendment The table of sections at the beginning of chapter 19 of such title is amended by inserting after the item relating to section 1980A the following new item:" “1980B. Periodic review of automatic maximum coverage.” ".

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38 USC 1980B

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Sec. 2

PERIODIC REVIEW OF AUTOMATIC MAXIMUM COVERAGE UNDER SERVICEMEMBERS’ GROUP LIFE INSURANCE AND VETERANS’ GROUP LIFE INSURANCE

Cite38 USC 1980B

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