S.2486 - Veterans Benefits Improvement Act of 2004108th Congress (2003-2004)
|Sponsor:||Sen. Specter, Arlen [R-PA] (Introduced 06/01/2004)(by request)|
|Committees:||Senate - Veterans' Affairs | House - Veterans' Affairs|
|Committee Reports:||S. Rept. 108-352|
|Latest Action:||12/10/2004 Became Public Law No: 108-454. (TXT | PDF) (All Actions)|
This bill has the status Became Law
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Summary: S.2486 — 108th Congress (2003-2004)All Bill Information (Except Text)
Introduced in Senate (06/01/2004)
Veterans' Benefits Improvements Act of 2004 - Increases the voluntary contribution amount that active duty members of the Armed Forces may make in order to receive increased monthly educational assistance under the Montgomery GI Bill (MGIB).
Authorizes the Secretary of Veterans Affairs to carry out a pilot program that allows veterans to extend their eligibility period for using MGIB education benefits to obtain specified instruction or training.
Excludes veterans' education benefits from the determination of eligibility for, or the amount of, Federal education grants and loans (except for campus-based student financial assistance that exceeds a veteran's cost of attendance when combined with such benefits).
Requires the Secretary to collect required contributions from Reservists before they use MGIB educational assistance (currently, required at the beginning of active duty period).
Increases the maximum housing loan guarantee amount for which veterans are eligible.
Gives the Secretary permanent authority to guarantee adjustable rate mortgages (ARMs) and hybrid ARMs, and to modify interest rates applicable to hybrid ARMs.
Terminates the collection of housing loan fees from veterans rated eligible for compensation at pre-discharge disability examinations.
Extends administrative and judicial remedies for violations of veterans' preference requirements to all veterans (currently, limited to preference eligible veterans).
Prohibits the collection of copayments from veterans receiving hospice care from the Department of Veterans Affairs.
Extends certain authorities relating to benefits for veterans that are set to expire.
Modifies the definition of minority group member for purposes of the Advisory Committee on Minority Veterans.