H.R.3173 - Servicemembers and Military Families Financial Protection Act of 2001107th Congress (2001-2002)
|Sponsor:||Rep. Gutierrez, Luis V. [D-IL-4] (Introduced 10/25/2001)|
|Committees:||House - Veterans' Affairs|
|Latest Action:||House - 06/11/2002 Committee Hearings Held. (All Actions)|
This bill has the status Introduced
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Summary: H.R.3173 — 107th Congress (2001-2002)All Information (Except Text)
Servicemembers and Military Families Financial Protection Act of 2001 - Amends the Soldiers' and Sailors' Civil Relief Act of 1940 to prohibit the eviction or distress during a member's period of military service of the spouse, child, or other dependent of such member from any premises for which the rent does not exceed $1,950 (currently $1,250).
Introduced in House (10/25/2001)
Allows a member to elect in writing to be insured under the Servicemembers' Group Life Insurance or Veterans' Group Life Insurance programs in amounts in excess of the current $250,000 limit ($500,000, $750,000, or $1 million). Authorizes military pay deductions to cover appropriate insurance premiums.