Veterans' Housing Opportunity and Benefits Improvement Act of 2006

Summary

Veterans' Benefits Improvement Act of 2005 - Amends federal provisions concerning the Servicemembers' Group Life Insurance (SGLI) program to direct the Secretary of Defense to make a good-faith effort to notify the spouse of a member of the Armed Forces insured under such program if such member elects at any time to either reduce coverage amounts or name a beneficiary other than the spouse. Increases from $250,000 to $400,000 the maximum coverage that may be elected by an insured member, to be evenly divisible by $50,000. Increases from one to two years after separation from active duty (for an active-duty member) or release from active-duty assignment (for a member of the Ready Reserve) the duration of such coverage, if the member is totally disabled after such duty. Increases from $250,000 to $400,000 the maximum amount of Veterans' Group Life Insurance (VGLI) that may be elected by an insured veteran. States that interest rate adjustments, under a veterans' adjustable rate mortgage demonstration program offered by the Secretary of Veterans Affairs, shall be limited to such percentage as such Secretary may prescribe. (Currently, that adjustment is limited to a one percentage point increase or decrease.)

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Documents

19 official files

• Enrolled Bill (text)

  Enrolled Bill · EN

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• Enrolled Bill (PDF)

  Enrolled Bill · EN

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• Public Law (text)

  Public Law · EN · 15 June 2006

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• Public Law (PDF)

  Public Law · EN · 15 June 2006

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• Public Law

  summary · EN · 15 June 2006

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• Engrossed Amendment House (text)

  Engrossed Amendment House · EN · 22 May 2006

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• Engrossed Amendment House (PDF)

  Engrossed Amendment House · EN · 22 May 2006

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• Passed House amended

  summary · EN · 22 May 2006

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• Referred in House (text)

  Referred in House · EN · 29 September 2005

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• Referred in House (PDF)

  Referred in House · EN · 29 September 2005

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• Engrossed in Senate (text)

  Engrossed in Senate · EN · 28 September 2005

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• Engrossed in Senate (PDF)

  Engrossed in Senate · EN · 28 September 2005

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• Passed Senate amended

  summary · EN · 28 September 2005

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• Reported to Senate (text)

  Reported to Senate · EN · 21 September 2005

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• Reported to Senate (PDF)

  Reported to Senate · EN · 21 September 2005

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• Reported to Senate with amendment(s)

  summary · EN · 21 September 2005

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• Introduced in Senate (text)

  Introduced in Senate · EN · 14 June 2005

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 14 June 2005

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• Introduced in Senate

  summary · EN · 14 June 2005

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