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COVID-19 Veteran Rapid Retraining Assistance Program

This act establishes a retraining assistance program for unemployed veterans who lost their jobs due to the COVID-19 pandemic. The program offers up to 12 months of financial support for training in high-demand occupations, along with job placement assistance. This aims to help veterans re-enter the workforce and improve their financial well-being.
Key points
Veterans aged 22-66, unemployed due to COVID-19, can receive up to 12 months of retraining assistance.
The program covers training in high-demand occupations, not leading to a bachelor's or graduate degree.
Financial assistance is paid to educational institutions in installments, and veterans receive a monthly housing stipend.
Job placement assistance and follow-up on employment status are provided after program completion.
The program is limited to 35,000 veterans and terminates 21 months after enactment.
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Additional Information
A bill to direct the Secretary of Veterans Affairs to carry out a retraining assistance program for unemployed veterans, and for other purposes.
Print number: S 134
Sponsor: Sen. Moran, Jerry [R-KS]
Process start date: 2021-01-28