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Fairness for Servicemembers and their Families Act of 2025
To amend title 38, United States Code, to require the Secretary of Veterans Affairs to periodically review the automatic maximum coverage under the Servicemembers' Group Life Insurance program and the Veterans' Group Life Insurance program, and for other purposes.
Summary
This bill requires the Secretary of Veterans Affairs to conduct periodic reviews of the automatic maximum coverage amounts under the Servicemembers' Group Life Insurance and Veterans' Group Life Insurance programs, beginning January 1, 2026, and every five years thereafter. The reviews compare the current maximum coverage to a baseline of $500,000 adjusted for inflation using the Consumer Price Index. The Secretary shall submit the results to Congress, which may use the findings to guide decisions about increasing coverage amounts within the existing administrative structure.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Cornyn, John [R-TX] (R-TX)
7 cosponsors
- Sen. Cruz, Ted [R-TX] (R-TX)
- Sen. Hassan, Margaret Wood [D-NH] (D-NH)
- Sen. Hirono, Mazie K. [D-HI] (D-HI)
- Sen. Kelly, Mark [D-AZ] (D-AZ)
- Sen. King, Angus S., Jr. [I-ME] (I-ME)
- Sen. Ricketts, Pete [R-NE] (R-NE)
- Sen. Tillis, Thomas [R-NC] (R-NC)
Money behind the sponsor
Top reported contributors to John Cornyn’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- CAPITAL GROUP $22,500
- ANDREESSEN HOROWITZ $16,500
- PALANTIR TECHNOLOGIES $13,686
- WINKLEVOSS CAPITAL MANAGEMENT $13,200
- BLACKSTONE $12,600
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for John Cornyn → · Outside spending →
Actions (2)
- Feb 4, 2025 Read twice and referred to the Committee on Veterans' Affairs. · senate
- Feb 4, 2025 Introduced in Senate
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE SENATE OF THE UNITED STATES
February 4, 2025
Mr. Cornyn (for himself, Ms. Hassan, Mr. Cruz, and Mr. King) introduced the following bill; which was read twice and referred to the Committee on Veterans’ Affairs
A BILL
To amend title 38, United States Code, to require the Secretary of Veterans Affairs to periodically review the automatic maximum coverage under the Servicemembers’ Group Life Insurance program and the Veterans’ Group Life Insurance program, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Fairness for Servicemembers and their Families Act of 2025”.
SEC. 2. PERIODIC REVIEW OF AUTOMATIC MAXIMUM COVERAGE UNDER SERVICEMEMBERS’ GROUP LIFE INSURANCE AND VETERANS’ GROUP LIFE INSURANCE.
(a) In General.—Subchapter III of chapter 19 of title 38, United States Code, is amended by adding at the end the following new section: “Sec. 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.”.
(b) Clerical Amendment.—The table of sections at the beginning of chapter 19 of such title is amended by inserting after the item relating to section 1980A the following new item:
“1980B. Periodic review of automatic maximum coverage.”. <all>
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