H.R. 5049 · 111th Congress
Military Families Financial Preparedness Act
- Stage
- In committee
- Sponsor
- André Carson
- Introduced
- 2010-04-15
- Latest action
- 2010-04-28 · Referred to the Subcommittee on Military Personnel.
Summary
Military Families Financial Preparedness Act - Requires the following information to be included as part of preseparation counseling provided to members of the Armed Forces and their spouses: (1) survivor benefits available through the Secretary of Defense (DOD) or Veterans Affairs (VA); (2) budgeting, saving, credit, loans, and taxes; (3) home loan services and housing assistance available through DOD or the VA and counseling on responsible borrowing practices; and (4) additional counseling regarding the member's actual entitlement to benefits and how to apply for such benefits.