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1 H.R. 4625, Protect the GI Bill Act, as Ordered Reported by the House Committee on Veterans' Affairs on October 16, 2019 1 (November 7, 2019)

handle is hein.congrec/cbogibill0001 and id is 1 raw text is: j Congressional Budget Office Cost Estimate November 7, 2019 By Fiscal Year, Millions of Dollars 2020 2020-2024 2020-2029 Direct Spending (Outlays) 8 117 148 Revenues 0 Increase or Decrease (-) in the Deficit 0 0 117 148 The bill would * Expand the conditions for full restoration of education benefits for students affected by the closure or disapproval of schools * Make schools responsible for repaying overpayments of tuition benefits from the Department of Veterans Affairs (VA) under the Post-9/11 GI Bill * Allow military service members to transfer Post-9/11 GI Bill benefits to their child wards and children ages 21 through 25 * Authorize housing allowances under the Post-9/1 1 GI Bill during short periods of active-duty service * Require students receiving Post-9/1 1 GI Bill benefits to verify their enrollment status to VA Estimated budgetary effects would primarily stem from * Additional use of veteran education benefits by students affected by the closure or disapproval of schools * Higher recovery rates for tuition overpayments * Additional use of Post-9/1 1 GI Bill benefits transferred to child wards and children ages 21 through 25 * Payment of housing allowances under the Post-9/11 GI Bill during short periods of active-duty service Areas of significant uncertainty include * Estimating the number of students affected by the closure or disapproval of schools, the number of those students who would apply for and use restored benefits, and the period for which they would use those benefits * Estimating the number of children ages 21 through 25 who would receive and use transferred benefits under the Post-9/1 1 GI Bill and the period for which they would use those benefits Detailed estimate begins on the next page. See also CBO's Cost Estimates Explained, wwwcbo.gov/publicationi54437; How CBO Prepares Cost Estimates, www.cbo.gov/publication/53519; and Glossary, www.cbo~govipublicationi42904.

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