Compensation Fund Recrediting Act
Sponsor

Full profile: /officials/S001224
Source: Congress.gov · FEC
Cosponsors (0)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Committee Activity
Currently in
- House Committee on Veterans' AffairsReferred To · 2026-05-12
Plain-English Summary
The proposal would close down a fund that was created to provide financial compensation to Filipino veterans who served in World War II and other conflicts. This change would affect Filipino veterans and their families who may have been receiving or expecting payments from this program. The bill has been sent to the House Committee on Veterans' Affairs for review.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
Subjects
Full Bill Text
Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.
[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8767 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8767 To amend the American Recovery and Reinvestment Act of 2009 to wind down the Filipino Veterans Equity Compensation Fund. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 12, 2026 Mr. Self introduced the following bill; which was referred to the Committee on Veterans' Affairs _______________________________________________________________________ A BILL To amend the American Recovery and Reinvestment Act of 2009 to wind down the Filipino Veterans Equity Compensation Fund. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Compensation Fund Recrediting Act''. SEC. 2. SUNSET OF THE FILIPINO VETERANS EQUITY COMPENSATION FUND. Section 1002 of the American Recovery and Reinvestment Act of 2009 (Public Law 111-5; 38 U.S.C. 107 note) is amended-- (1) in subsection (l), by striking ``until expended'' and inserting ``until the date specified in subsection (m)''; and (2) by adding at the end the following new subsection: ``(m) Sunset.--On January 1, 2027-- ``(1) this section shall cease to have any effect; and ``(2) any amounts in the compensation fund shall be deposited into the general fund of the Treasury.''. <all>
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