HERE’S WHAT’S NEW WITH HR 3997

HR 3997 was hung up in the Senate and House just before they broke for the Christmas recess. Now it appears to have lost its momentum. From checking Thomas, it looks like the Senate did it’s thing and sent it to the House on 20 Dec, then nothing. I have seen references to S.1974 but no text. Is there a relationship there?

What is happening?

It looks like 3997 has been loaded up with benefits for the Peace Corps and other responders and has lost its identity with the Veterans Home Loan Program and the QVMB changes so necessary to get that program alive again.

Please advise.

Lt Col Bill Gavitt, USAF-Ret
Legislative Chair

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Regarding H.R. 3997 – it’s still in committee in the House. We’re still working the issue, but the House and Senate have been very busy with other things so far this year (economic stimulus, hearings, etc). I’m not sure about the reference to S. 1974. It’s making technical adjustments to the Pensions Protection Act of 2006, among other things. It hasn’t been on our radar as something to watch out for. It makes lots of minor corrections to the tax code and most of the bill is in eye-rolling “legalese”. I went through a lot of the bill and didn’t see anything that would spark our interest.

Cass Vreeland
Cassidy Scott Vreeland
Assistant Director, Government Relations
Military Officers Association of America (MOAA)

Submitted By: Bill Gavitt

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