S. 3499 · 111th Congress
Fiduciary Benefits Oversight Act of 2010
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
AkakaSponsorNo cosponsors.
Fiduciary Benefits Oversight Act of 2010 - Authorizes the Secretary of Veterans Affairs (VA) to require any person appointed or recognized as a fiduciary for a VA beneficiary to provide authorization for the Secretary to obtain from any financial institution any financial record with respect to the fiduciary or the beneficiary when necessary: (1) for the…
What it does: CRS summary · Introduced in Senate · Jun 16, 2010
Fiduciary Benefits Oversight Act of 2010 - Authorizes the Secretary of Veterans Affairs (VA) to require any person appointed or recognized as a fiduciary for a VA beneficiary to provide authorization for the Secretary to obtain from any financial institution any financial record with respect to the fiduciary or the beneficiary when necessary: (1) for the administration of a VA program; or (2) in order to safeguard the beneficiary's benefits against neglect, misappropriation, misuse, embezzlement, or fraud. Provides a conditional time limit on such authorization.
Provides that if the fiduciary refuses to provide such authorization, the Secretary may revoke the fiduciary's appointment or recognition.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Fiduciary Benefits Oversight Act of 2010
Latest action (Jun 16, 2010): Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4994)
Policy area: Armed Forces and National Security · Origin: Senate · Introduced: Jun 16, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.