S.1493 - Veterans' Compensation Cost-of-Living Adjustment Act of 2015114th Congress (2015-2016)
|Sponsor:||Sen. Isakson, Johnny [R-GA] (Introduced 06/03/2015)|
|Committees:||Senate - Veterans' Affairs|
|Committee Reports:||S. Rept. 114-122|
|Latest Action:||10/26/2015 Held at the desk. (All Actions)|
This bill has the status Passed Senate
Here are the steps for Status of Legislation:
- Passed Senate
Summary: S.1493 — 114th Congress (2015-2016)All Bill Information (Except Text)
Passed Senate without amendment (10/22/2015)
(This measure has not been amended since it was introduced. The expanded summary of the Senate reported version is repeated here.)
Veterans' Compensation Cost-of-Living Adjustment Act of 2015
(Sec. 2) Directs the Department of Veterans Affairs (VA) to increase, as of December 1, 2015, the rates of veterans' disability compensation, additional compensation for dependents, the clothing allowance for certain disabled veterans, and dependency and indemnity compensation for surviving spouses and children.
Requires each such increase to be the same percentage as the increase in benefits provided under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act, on the same effective date.
Directs the VA to publish the increased amounts in the Federal Register.
Authorizes the VA to adjust administratively, consistent with the increases made by this Act, the rates of disability compensation payable to persons who have not received compensation for a service-connected disability.