This bill directs the Department of Veterans Affairs to increase, as of December 1, 2020, the rates of veterans' disability compensation, additional compensation for dependents, the clothing allowance for certain disabled veterans, and dependency and indemnity compensation for surviving spouses and children.
The percentage increase in benefits shall be the same as the cost-of-living increase for Social Security recipients.
S. 3414 – Major Medical Facility Authorization Act of 2020 (Sen. Moran – Veterans’ Affairs)
This bill authorizes the Department of Veterans Affairs to carry out specified major medical facility projects during FY2020. There are seven projects: West LA, CA; San Diego, CA; Livermore, CA; San Juan, Puerto Rico; Manhattan, NY; Alameda, CA; Louisville, KY.
S. 3084 – To amend title 38, United States Code, to modify the limitation on pay for certain high-level employees and officers of the Department of Veterans Affairs (Sen. Moran – Veterans’ Affairs)
This bill amends title 38, United States Code, to modify the limitation on pay for certain employees and officers of the Department of Veterans Affairs.
H.R. 6782 – TRUTH Act, as amended (Rep. Phillips – Small Business)
This bill requires the SBA Administrator to submit a report on recipients of assistance under the Paycheck Protection Program and the Economic Injury Disaster Loan Program and decouples the SBA’s 7(a) lending program from the Paycheck Protection Program.
H.R. 7010 – Paycheck Protection Program Flexibility Act of 2020, as amended (Rep. Phillips – Small Business)
This bill amends the Paycheck Protection Program to modify certain provisions to the forgiveness loans and defers payroll taxes. Specifically, it increases the current limitation on nonpayroll expenses (such as rent, utilities, mortgage interest) for loan forgiveness from 25 to 40%, removes retroactivity on the increase of maturity period from 2 to 5 years, clarifies Safe Harbors Language and extends borrower deferral.
Additional Legislative Items Are Possible
If you have any questions, please contact:
Craig Link, Nd Ubezonu,
or Jessica Vallejo at 6-3210.
QUOTE OF THE DAY: “Freedom can never be taken for granted. Each generation must safeguard it and extend it. Your parents and elders sacrificed much so that you should have freedom without suffering what they did. Use this precious right to ensure that the darkness of the past never returns." -Nelson Mandela
