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H.R. 6089 · 114th Congress

Financial Independence for Disabled Veterans Act of 2016

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

This bill requires the Federal Retirement Thrift Investment Board to prescribe regulations to permit continued participation in the Thrift Savings Plan (TSP) by a member of the uniformed services after such member's discharge or release from service if such individual is entitled to veterans disability compensation.

What it does: CRS summary · Introduced in House · Sep 20, 2016

Financial Independence for Disabled Veterans Act of 2016

This bill requires the Federal Retirement Thrift Investment Board to prescribe regulations to permit continued participation in the Thrift Savings Plan (TSP) by a member of the uniformed services after such member's discharge or release from service if such individual is entitled to veterans disability compensation.

For purposes of provisions regarding TSP contributions, such individual's monthly veterans disability compensation shall be deemed to be his or her basic pay for a monthly pay period, but such individual's contribution shall not require or authorize a matching government contribution.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Financial Independence for Disabled Veterans Act of 2016

Latest action (Sep 20, 2016): Referred to the House Committee on Oversight and Government Reform.

Policy area: Armed Forces and National Security · Origin: House · Introduced: Sep 20, 2016

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.