Compensation Fund Recrediting Act

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

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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.''.
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