Estimated Budgetary Effects of S. 2795, a bill to amend title 38, United States Code, to extend and modify certain authorities and requirements relating to the Department of Veterans Affairs, and for other purposes

September 21, 2023

Cost Estimate

As passed by the Senate on September 13, 2023

Summary

S. 2795 would extend various authorities for the Department of Veterans Affairs.

The following extensions would affect direct spending:

• Extending, for two years, the authority of the Department of Veterans Affairs (VA) to fully restore certain education benefits for students who were unable to complete their program of study and thus did not receive credits because the schools they attended were closed or their courses were disapproved by VA.

• Extending, for one day, the higher rates for fees that VA currently charges borrowers for home loan guarantees.

Additionally, the bill would extend authorizations of appropriations for emergency preparedness activities undertaken by VA.