A bill to amend title 38, United States Code, to revise the net worth limitation applicable to the receipt of pension by certain veterans and surviving spouse of certain veterans.

Summary

Prohibits the Administrator of Veterans Affairs, when making a determination as to the eligibility of certain veterans and their surviving spouses for veterans' disability pensions, from requiring that some part of the corpus of the estate of the veteran (or the veteran's spouse) be consumed for maintenance of the veteran if: (1) the principal source of income of the veteran derives from agriculture, forestry, or fishing, and (in the case of farming) the veteran resides on a portion of such land; and (2) the total value of the combined estate corpus of the veteran and his or her spouse does not exceed 110 percent of the average market value of detached single-family residences in the nearest standard metropolitan statistical area.

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1 official file

• Introduced in House

  summary · EN · 23 March 1988

  Open at official source

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