To amend title 10, United States Code, to include training regarding financial protections under the Servicemembers Civil Relief Act in certain financial literacy training programs for members of the Armed Forces, and for other purposes.
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
This bill, To amend title 10, United States Code, to include training regarding financial protections under the Servicemembers Civil Relief Act in certain financial literacy training programs for members of the Armed Forces, and for other purposes., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors. The main policy domain is Defense, Finance, Veterans Affairs.
Who Benefits and How
defense agencies, service members, and defense contractors may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, defense agencies, service members, and defense contractors may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H1CC5B76399C7477EB45CD6083F1C15C8: 1. Short title This Act may be cited as the Improving SCRA Benefit Utilization Act.
- Section HCB7CF208A164495298DDF017511CE38E: 2. Financial literacy training regarding the Servicemembers Civil Relief Act Section 992 of title 10, United States Code, is amended— in subsection (a)(1)— by...
- Section H32A648A8EA084BA19ACCE3D840EFBD06: 3. Notification of benefits under the Servicemembers Civil Relief Act to servicemembers called or ordered to active duty or to active service Section 105 of...
- Section H005AA5C3AF584A068899FF49D77E8581: 4. Financial institution obligation to apply maximum rate of interest on all servicemember debts incurred before military service Section 207(b) of the...
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
This bill, To amend title 10, United States Code, to include training regarding financial protections under the Servicemembers Civil Relief Act in certain financial literacy training programs for members of the Armed Forces, and for other purposes., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors.
Key Policy Areas
Defense, Finance, Veterans Affairs
Primary Purpose
This bill, To amend title 10, United States Code, to include training regarding financial protections under the Servicemembers Civil Relief Act in certain financial literacy training programs for members of the Armed Forces, and for other purposes., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors.
Policy Domains
Whole bill
Identified Gains
- defense agencies, service members, and defense contractors
Identified Costs
- federal implementing agencies
- defense agencies, service members, and defense contractors
Sponsors
Jon Ossoff
D-GA | Primary Sponsor
Legislative Progress
IntroducedMr. Ossoff (for himself and Mr. Scott of Florida) introduced …
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?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology