An Act relative to COLA adjustments for veteran benefits
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill aims to adjust the Cost of Living Allowances (COLAs) for veterans’ benefits in Massachusetts. It seeks to ensure that these benefits keep pace with inflation, protecting veterans and their families from the rising cost of living. The legislation proposes a mechanism for adjusting these benefits based on changes in the Consumer Price Index. This bill builds upon previous attempts to address COLA adjustments for veteran benefits.
Key provisions
- Adjusts Cost of Living Allowances (COLAs) for veteran benefits.
- Links COLA adjustments to the Consumer Price Index (CPI).
- Aims to mitigate the impact of inflation on veterans’ financial stability.
- The bill was referred to the Senate Committee on Veterans and Federal Affairs and subsequently the Senate Ways and Means Committee.
Who is affected
- Veterans
- Veteran’s families
- Massachusetts residents receiving veteran benefits
Notable changes
- The bill proposes a specific method (CPI) for adjusting veteran benefits to account for inflation.
- It builds upon previous legislation addressing COLA adjustments for veterans.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
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