HR 1554 · 108th Congress 2003–2005, ended

Veterans Life Insurance Improvement Act of 2003

Fact sheet

Latest action · Apr 24, 2003 Referred to the Subcommittee on Benefits.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedApr 2, 2003
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Veterans Life Insurance Improvement Act of 2003 - Amends Federal provisions concerning the National Service Life Insurance and United States Government Life Insurance programs to allow payment of their insurance proceeds to: (1) another beneficiary if the first designated beneficiary has not made a claim to such payment within two years after the death of the insured; and (2) a person designated by the Secretary of Veterans Affairs if no claim has been filed by any designated beneficiary within four years after the insured's death.

Requires service-disabled life insurance premium rates, as well as all policy cash, loan, paid-up, and extended values, for months beginning on or after the date of enactment of this Act to be based on the 1980 Commissioners Standard Ordinary Basic Table of Mortality, with five percent annual interest.

Increases from $90,000 to $200,000 the maximum amount of veterans' mortgage life insurance coverage.

Cosponsors 12

Members who signed on, in the order they did. Signatures ran from Apr 3, 2003 to Oct 17, 2003.

SeatCosponsorSigned on
D-MAJames P. McGovernApr 3, 2003
D-ILLane EvansApr 3, 2003
D-PRAnibal Acevedo-VilaApr 10, 2003
D-TXCiro D. RodriguezApr 10, 2003
D-ILLuis V. GutierrezApr 10, 2003
D-AZRaúl M. GrijalvaApr 10, 2003
D-ASEni F. H. FaleomavaegaMay 1, 2003
R-TXRon PaulMay 1, 2003
D-MIDale E. KildeeMay 22, 2003
D-FLCorrine BrownJun 12, 2003
D-MEMichael H. MichaudOct 1, 2003
D-CASusan A. DavisOct 17, 2003

Actions 3

Everything that happened, newest first.

  1. Apr 24, 2003Referred to the Subcommittee on Benefits.
  2. Apr 2, 2003Introduced in House
  3. Apr 2, 2003Referred to the House Committee on Veterans' Affairs.

Subjects

Assigned by the Library of Congress. Policy area: Armed Forces and National Security.

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.