109 HR 460 IH: To amend title 38, United States Code, to increase the maximum coverage under the Servicemembers’ Group Life Insurance and Veterans’ Group Life Insurance programs from $250,000 to $500,000. U.S. House of Representatives 2005-02-01 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 109th CONGRESS 1st Session H. R. 460 IN THE HOUSE OF REPRESENTATIVES February 1, 2005 Mr. Edwards (for himself and Mr. Emanuel) introduced the following bill; which was referred to the Committee on Veterans’ Affairs A BILL To amend title 38, United States Code, to increase the maximum coverage under the Servicemembers’ Group Life Insurance and Veterans’ Group Life Insurance programs from $250,000 to $500,000.

1.

Increase in automatic maximum coverage under Servicemembers’ Group Life Insurance and Veterans’ Group Life Insurance

(a)

Maximum under Servicemembers’ Group Life Insurance

(1)Subsection (a)(3)(A)(i) of section 1967 of title 38, United States Code, is amended by striking $250,000 each place it appears and inserting $500,000. (2)Subsection (d) of such section is amended by striking maximum amount of $250,000 and inserting maximum amount provided under subparagraph (A)(i) of subsection (a)(3) (b)

Maximum under Veterans’ Group Life Insurance

Section 1977(a) of such title is amended by striking $250,000 each place it appears and inserting $500,000.

2.

Effective date

The amendments made by section 1 shall take effect on the first day of the first month that begins more than 120 days after the date of the enactment of this Act.