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Veterans Compensation Rate Amendments (P.L. 107-94)
 

PUBLIC LAW 107-94 – DEC. 21, 2001

Veterans Compensation Rate

Amendments of 2001 



Prime Sponsor: Mr. Christopher H. Smith (NJ)
H.R. 2540 – Signed by President Bush on December 21, 2001


One Hundred Seventh Congress

of the

United States of America

AT THE FIRST SESSION

 

Veterans' Compensation Rate Amendments of 2001

Increases, as of December 1, 2001, the rates of veterans' disability compensation, additional compensation for dependents, the clothing allowance for certain disabled adult children, and dependency and indemnity compensation for surviving spouses and for children.

Invests $2.5 billion over the next five years to increase the compensation rate for disabled veterans.  Nationwide, 2.3 million veterans or their surviving spouses will receive higher benefit payments because of Smith’s law, which recognizes the rising costs of living.

Text of the Veterans Compensation Rate Amendments of 2001 (P.L. 107-94) [.pdf]