[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 2794 Reported in Senate (RS)]

<DOC>





                                                       Calendar No. 290
117th CONGRESS
  2d Session
                                S. 2794

 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.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

           September 22 (legislative day, September 21), 2021

  Mr. Tuberville (for himself, Mr. Cramer, Mr. Scott of Florida, Mr. 
   Braun, Mr. Barrasso, Ms. Lummis, Mr. Wicker, Mr. Cornyn, and Mr. 
    Rounds) introduced the following bill; which was read twice and 
             referred to the Committee on Veterans' Affairs

                             March 1, 2022

               Reported by Mr. Tester, without amendment

_______________________________________________________________________

                                 A BILL


 
 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.
                                                       Calendar No. 290

117th CONGRESS

  2d Session

                                S. 2794

_______________________________________________________________________

                                 A BILL

 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.

_______________________________________________________________________

                             March 1, 2022

                       Reported without amendment