H.R. 5918, a bill to amend title 38, United States Code, to ensure that the Secretary of Veterans Affairs repays members of the Armed Forces for certain contributions made by such members towards Post-9/11 Educational Assistance
Cost Estimate
As ordered reported by the House Committee on Veterans’ Affairs on September 21, 2022
H.R. 5918 would make changes to education and home loan programs administered by the Department of Veterans Affairs (VA). The costs of both programs are paid from mandatory appropriations. Enacting the bill would decrease net direct spending by $8 million over the 2022-2032 period, CBO estimates.
Under the Montgomery GI Bill (MGIB), service members must contribute at least $1,200 from their basic pay to become eligible for benefits. Contributions are not required for eligibility under the Post-9/11 GI Bill. People who are eligible for both the MGIB and Post-9/11 GI Bill and who choose to receive benefits under the latter program may receive a refund of their MGIB contributions. That refund is made if they use all of their Post-9/11 GI Bill benefits, and it must be paid along with their last monthly housing payment.
