[Congressional Record Volume 168, Number 52 (Wednesday, March 23, 2022)]
[Senate]
[Pages S1753-S1754]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                 SUPPORTING FAMILIES OF THE FALLEN ACT

  Mr. SCHUMER. Mr. President, I ask unanimous consent that the Senate 
proceed to the immediate consideration of Calendar No. 290, S. 2794.
  The PRESIDING OFFICER. The clerk will report the bill by title.
  The senior assistant legislative clerk read as follows:

       A bill (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.

  There being no objection, the Senate proceeded to consider the bill, 
which had been reported from the Committee on Veterans' Affairs.

[[Page S1754]]

  

  Mr. SCHUMER. I ask unanimous consent that the bill be considered read 
a third time.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The bill was ordered to be engrossed for a third reading and was read 
the third time.
  Mr. SCHUMER. I know of no further debate on the bill.
  The PRESIDING OFFICER. If there is no further debate, the bill having 
been read the third time, the question is, Shall the bill pass?
  The bill (S. 2794) was passed, as follows:

                                S. 2794

       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.

  Mr. SCHUMER. I further ask unanimous consent that the motion to 
reconsider be considered made and laid upon the table.
  The PRESIDING OFFICER. Without objection, it is so ordered.

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