[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 2794 Enrolled Bill (ENR)]
S.2794
One Hundred Seventeenth Congress
of the
United States of America
AT THE SECOND SESSION
Begun and held at the City of Washington on Monday,
the third day of January, two thousand and twenty two
An Act
To amend title 38, United States Code, to increase automatic maximum
coverage under the Servicemembers' Group Life Insurance program and the
Veterans' Group Life Insurance program, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Supporting Families of the Fallen
Act''.
SEC. 2. INCREASE IN AUTOMATIC MAXIMUM COVERAGE UNDER SERVICEMEMBERS'
GROUP LIFE INSURANCE AND VETERANS' GROUP LIFE INSURANCE.
(a) In General.--Section 1967(a)(3)(A)(i) of title 38, United
States Code, is amended by striking ``$400,000'' and inserting
``$500,000''.
(b) Effective Date.--The amendment made by subsection (a) shall
take effect on the later of--
(1) the date that is 60 days after the date of the enactment of
this Act; or
(2) the date on which the Secretary of Veterans Affairs
determines that--
(A) the amount for which a member will be insured pursuant
to the amendment made by subsection (a) and the premiums for
such amount are administratively and actuarially sound for the
Servicemembers' Group Life Insurance program under subchapter
III of chapter 19 of title 38, United States Code, and the
Veterans' Group Life Insurance program under section 1977 of
such title; and
(B) the increase in such amount carried out pursuant to the
amendment will not result in such programs operating at a loss.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.