The record

LegislationLegislation· Dec 2024
S 1299

Sponsored by John Cornyn (R)

Fairness for Servicemembers and their Families Act of 2024

Would have required VA to review servicemember life insurance coverage limits every three years, adjusting for inflation.

Tradeoff

Would have required VA to review Servicemembers' Group Life Insurance (SGLI) and Veterans' Group Life Insurance (VGLI) coverage limits every three years. Coverage increases would have been optional, based on the review's results.

What's in it

See official bill text

Passed the Senate by on December 17, 2024. The House never voted on it, and the bill expired when the 118th Congress ended.

  1. Senate

    Introduced

    (Apr 26, 2023)

  2. Senate

    Committee on Veterans' Affairs(Apr 26, 2023)

  3. Senate · Amended

    Senator Cornyn's

    Agreed to by (S.Amdt. 3341 · Dec 17, 2024)

    Raises the base amount in the automatic maximum life insurance coverage review from $400,000 to $500,000, and sets reviews every five years starting 2025 instead of every three.

    No individual votes were recorded.

  4. Senate

    Passage of the bill

    Passed by (Dec 17, 2024)

    No individual votes were recorded.

  5. Senate

    Taken away from the Committee on Veterans' Affairs

    Discharged(Dec 17, 2024)

  6. House

    Received from the Senate

    Received(Dec 18, 2024)