McBath, Steube Garner Bipartisan Support For Veterans Assistance Bill
First-term Representatives Lucy McBath, D-Ga., and Greg Steube, R-Fla., have introduced legislation aimed at protecting disabled veterans and their families who are experiencing financial hardship.
Introduced in May, the bipartisan Honoring American Veterans in Extreme Need (HAVEN) Act, H.R. 2938, would amend current bankruptcy law to better protect the economic security of veterans and their families.
Under current bankruptcy law, disability benefits paid by the Department of Veterans Affairs and Department of Defense are included in the calculation of a debtor’s disposable income, increasing the portion of the debtor’s income that is subject to the reach of creditors.
The HAVEN Act would amend bankruptcy law to treat VA and DoD disability benefits the same as Social Security disability benefits, which are exempt from this calculation.
The legislation would remove this unequal treatment by excluding VA and DoD disability payments made to veterans or their dependent survivors from the monthly income calculation used to determine the portion of income that is subject to the reach of creditors.
“Our disabled veterans earned their benefits by serving our great nation, and we must protect them and their families, especially during financial hardship,” Representative McBath said. “This bipartisan legislation would safeguard the disability benefits that our veterans and their families deserve and depend on. I’m proud to support the HAVEN Act – we must do right by our veterans.”
“I’m proud to support the HAVEN Act and ensure that benefits afforded to our disabled veterans are just that—benefits, not burdens. This bill will make sure that disability payments are not counted as income in bankruptcy,” Repesentative Greg Steube said. “We should help veterans who have fallen on tough financial times, not hurt them by taking away the very payments they earned fighting for our freedom.”
Representative McBath spoke in support of the HAVEN Act on the House floor, which can be viewed here.
In The News
First-term Representatives Lucy McBath, D-Ga., and Greg Steube, R-Fla., have introduced legislation aimed at protecting disabled veterans and their families who are experiencing financial hardship. Introduced in May, the bipartisan Honoring American Veterans in Extreme Need (HAVEN) Act, H.R. 2938, would amend current bankruptcy law to... Read More
In our new series, Freshmen Get it Done, The Well News will be highlighting legislative accomplishments by freshman Members of Congress from both parties. *** Representatives Mike Levin, D-Calif., and Chris Pappas, D-N.H., are pressing Veterans Affairs Secretary Robert Wilkie to reveal the agency’s plan to... Read More
Dan first felt called to serve our country in the years after 9/11, which happened while he was in college. Dan felt he had been given a lot and wanted to give something back, so he joined the Marines. Dan led 65 Marines in the 2007 Iraq surge. Read More
After graduating from Boston University with a BA and MA in Economics, and a BA in East Asian Studies, Gina entered the U.S. Air Force as an intelligence officer, where she deployed to Iraq and served under the U.S. military’s “Don’t Ask, ... Read More