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Veterans Toxic Exposure Fund Improvement: Securing Healthcare and Benefits Funding

This Act establishes and modifies the Toxic Exposure Fund for the Department of Veterans Affairs, ensuring dedicated funding for healthcare and benefits for veterans exposed to harmful substances. Billions of dollars, derived from budgetary savings, are scheduled to be transferred to the Fund between fiscal years 2026 and 2033 to support medical care and research. The law also introduces oversight and reporting mechanisms, requiring the Secretary to submit plans for the expenditure of funds.
Key points
Establishment of the Toxic Exposure Fund in the Treasury, dedicated to healthcare, benefits, and research for veterans harmed by toxic exposure (under Public Law 117–168).
Mandated transfers to the Fund from fiscal years 2026 through 2033 total over $270 billion, sourced from savings generated by the modification of the Fund.
Funds are authorized for veterans' health care delivery, administrative expenses, and medical research, but explicitly exclude funding for real estate leases.
Implementation of accountability measures: The VA Secretary must submit annual reports and work plans to Congress detailing the allocation and expenditure of the Fund's resources.
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Additional Information
Print number: 118_HR_7738
Sponsor: Rep. Bost, Mike [R-IL-12]
Process start date: 2024-03-20
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OFFICIAL LEGAL TITLE

Toxic Exposure Fund Improvement Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7738.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-03-20.

What are the main provisions?

Key points include:

  • Establishment of the Toxic Exposure Fund in the Treasury, dedicated to healthcare, benefits, and research for veterans harmed by toxic exposure (under Public Law 117–168).
  • Mandated transfers to the Fund from fiscal years 2026 through 2033 total over $270 billion, sourced from savings generated by the modification of the Fund.
  • Funds are authorized for veterans' health care delivery, administrative expenses, and medical research, but explicitly exclude funding for real estate leases.
  • Implementation of accountability measures: The VA Secretary must submit annual reports and work plans to Congress detailing the allocation and expenditure of the Fund's resources.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Bost, Mike [R-IL-12].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Oversight and Investigations.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

CATEGORIES

Benefits Health