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H.R. 3122, Veterans Care Financial Protection Act of 2017 (CBO Report for Congress)

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Congress 115th
Date Requested Oct. 12, 2017
Requested By House Committee on Veterans’ Affairs
Date Sent Oct. 20, 2017
Description:

H.R. 3122 would require the Department of Veterans Affairs (VA) to post a notice on its Internet website that warns those who receive benefits for regular aid and attendance of the risk of financial exploitation. The bill also would require the Government Accountability Office (GAO) to complete a report that examines the standards used by federal and state agencies to protect such veterans.

 

Based on an analysis of the number of people involved in producing similar reports, CBO estimates that the GAO report would cost about $1 million in 2018 and an insignificant amount in 2019. That spending would be subject to the availability of appropriated funds. The cost of posting a notice on VA’s website would be insignificant, CBO estimates. 

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