To amend title 10, United States Code, to direct the forgiveness or offset of an overpayment of retired pay paid to a joint account for a period after the death of the retired member of the Armed Forces.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill requires forgiveness or offset of overpayment of retired pay paid to a joint account for a period after the death of the retired member of the Armed Forces Section 2771 of title 10, United States Code, is amended. It relies on definition changes and compliance mandates. The main policy areas are Financial Services and Finance.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties and Financial services firms and customers affected by the bill would take on compliance duties.
Key Provisions
- Requires forgiveness or offset of overpayment of retired pay paid to a joint account for a period after the death of the retired member of the Armed Forces Section 2771 of title 10, United States Code, is amended...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires forgiveness or offset of overpayment of retired pay paid to a joint account for a period after the death of the retired member of the Armed Forces Section 2771 of title 10, United States Code, is amended.
Key Policy Areas
Financial Services, Finance
Primary Purpose
The bill requires forgiveness or offset of overpayment of retired pay paid to a joint account for a period after the death of the retired member of the Armed Forces Section 2771 of title 10, United States Code, is amended.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Financial services firms and customers affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Cornyn (for himself and Ms. Warren) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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