38 USC 1980B: Periodic review of automatic maximum coverage
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*Public Law 119-60 has been enacted, but classifications have not been finalized. The currency ("laws in effect") date does not reflect acts for which classifications have not been finalized.

38 USC 1980B: Periodic review of automatic maximum coverage Text contains those laws in effect on January 10, 2026
From Title 38-VETERANS' BENEFITSPART II-GENERAL BENEFITSCHAPTER 19-INSURANCESUBCHAPTER III-SERVICEMEMBERS' GROUP LIFE INSURANCE
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§1980B. Periodic review of automatic maximum coverage

(a) In General.-On January 1, 2026, and every five years thereafter, the Secretary shall-

(1) complete a review of how the amount specified in section 1967(a)(3)(A)(i) compares to the amount described in subsection (b); and

(2) submit to the Committees on Veterans' Affairs of the House of Representatives and the Senate the results of the review, which may serve as a guide for coverage increases within the existing administrative incremental structure.


(b) Amount Described.-The amount described in this subsection is the amount equal to-

(1) $500,000; multiplied by

(2) the average percentage by which the Consumer Price Index changed during the five fiscal years preceding the review under subsection (a).


(c) Consumer Price Index Defined.-In this section, the term "Consumer Price Index" means the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor.

(Added Pub. L. 119–54, §2(a), Dec. 12, 2025, 139 Stat. 705 .)