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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
Toxic Exposure Fund Improvement Act of 2024
Print number: HR 7738
Sponsor: Rep. Bost, Mike [R-IL-12]
Process start date: 2024-03-20