Compensation Fund Recrediting Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8767 Introduced in House (IH)]

<DOC>

119th CONGRESS 2d Session H. R. 8767

To amend the American Recovery and Reinvestment Act of 2009 to wind down the Filipino Veterans Equity Compensation Fund.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

May 12, 2026

Mr. Self introduced the following bill; which was referred to the Committee on Veterans' Affairs

_______________________________________________________________________

A BILL

To amend the American Recovery and Reinvestment Act of 2009 to wind down the Filipino Veterans Equity Compensation Fund.

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 ``Compensation Fund Recrediting Act''.

SEC. 2. SUNSET OF THE FILIPINO VETERANS EQUITY COMPENSATION FUND.

Section 1002 of the American Recovery and Reinvestment Act of 2009 (Public Law 111-5; 38 U.S.C. 107 note) is amended-- (1) in subsection (l), by striking ``until expended'' and inserting ``until the date specified in subsection (m)''; and (2) by adding at the end the following new subsection: ``(m) Sunset.--On January 1, 2027-- ``(1) this section shall cease to have any effect; and ``(2) any amounts in the compensation fund shall be deposited into the general fund of the Treasury.''. <all>