Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, <<NOTE: Fairness for Servicemembers and their Families Act of 2025.>>
This Act may be cited as the ``Fairness for Servicemembers and their Families Act of 2025''.
SERVICEMEMBERS' GROUP LIFE INSURANCE AND VETERANS' GROUP LIFE INSURANCE.
(a) In General.--Subchapter III of chapter 19 of title 38, United States Code, is amended by adding at the end the following new section: ``Sec. 1980B. Periodic review of automatic maximum coverage
``(a) In General.--On January 1, 2026, and every five years thereafter, the Secretary shall-- ``(1) complete a review of how the amount specified in section 1967(a)(3)(A)(i) compares to the amount described in subsection (b); and ``(2) submit to the Committees on Veterans' Affairs of the House of Representatives and the Senate the results of the review, which may serve as a guide for coverage increases within the existing administrative incremental structure.
``(b) Amount Described.--The amount described in this subsection is the amount equal to-- ``(1) $500,000; multiplied by ``(2) the average percentage by which the Consumer Price Index changed during the five fiscal years preceding the review under subsection (a).
``(c) Consumer Price Index Defined.--In this section, the term `Consumer Price Index' means the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor.''.
(b) Clerical Amendment.--The table of sections at the beginning of chapter 19 of such title is amended by inserting after the item relating to section 1980A the following new item:
``1980B. Periodic review of automatic maximum coverage.''.
Approved December 12, 2025.
LEGISLATIVE HISTORY--H.R. 970: ---------------------------------------------------------------------------
CONGRESSIONAL RECORD, Vol. 171 (2025): Apr. 7, considered and passed House. Nov. 20, considered and passed Senate.
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