October 13, 2020 Cost Estimate As reported by the Senate Committee on Veterans’ Affairs on September 15, 2020 View Document87.39 KB Summary The bill would • Extend the time period during which a person may request debt relief from the Department of Veterans Affairs (VA) • Prohibit VA from collecting interest and fees on overpayments of VA benefits • Prohibit VA from recovering overpayments of veterans’ benefits that are caused by the department’s processing delays • Require VA to make changes to information technology systems and administrative processes Estimated budgetary effects would primarily stem from • Limiting VA’s ability to recover debts, interest, and administrative fees Areas of significant uncertainty include • Estimating the number of additional people who would request debt relief from VA • Anticipating the standards VA would establish for timely processing of benefits information Data and Supplemental Information Table 1 Table 2 Table 3 Legislative Information Available From Congress.gov
The bill would • Extend the time period during which a person may request debt relief from the Department of Veterans Affairs (VA) • Prohibit VA from collecting interest and fees on overpayments of VA benefits • Prohibit VA from recovering overpayments of veterans’ benefits that are caused by the department’s processing delays • Require VA to make changes to information technology systems and administrative processes Estimated budgetary effects would primarily stem from • Limiting VA’s ability to recover debts, interest, and administrative fees Areas of significant uncertainty include • Estimating the number of additional people who would request debt relief from VA • Anticipating the standards VA would establish for timely processing of benefits information
