H.R.1790 - Veterans Health Care Trust Fund Act115th Congress (2017-2018) |
|Sponsor:||Rep. O'Rourke, Beto [D-TX-16] (Introduced 03/29/2017)|
|Committees:||House - Ways and Means; Veterans' Affairs|
|Latest Action:||House - 03/29/2017 Referred to the Committee on Ways and Means, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.1790 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (03/29/2017)
Veterans Health Care Trust Fund Act
This bill requires the Department of Veterans Affairs (VA), upon the commencement of any war, to establish a trust fund to be named for that war.
Amounts collected pursuant to a war tax (required by this bill) shall be deposited into such fund and may be used by the VA to provide for veterans who serve on active duty during that war programs and benefits directly related to their health care.
For any fiscal year during which the VA makes a withdrawal from such a fund, the Government Accountability Office shall conduct an audit of the consolidated financial statements relating to the fund.
The bill amends the Internal Revenue Code to provide for the imposition upon individuals who have not served on active duty in the Armed Forces of a graduated income tax with respect to each war occurring at any time during the taxable year.