Compensation Fund Recrediting Act

Sponsor: Keith Self (Republican-TX)May 12, 2026

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Subcommittee Hearings Held

Ends compensation fund for Filipino veterans on January 1, 2027

A bill called the Compensation Fund Recrediting Act would end the Filipino Veterans Equity Compensation Fund on January 1, 2027. This means Filipino veterans would no longer be able to receive payments from the fund after that date. Any leftover money would be moved into the U.S. Treasury's general fund.

What Would Change

Today, the Filipino Veterans Equity Compensation Fund is set to pay out money "until expended." If this bill becomes law, the fund would stop accepting new claims and cease to exist on January 1, 2027. Any money left in the fund at that time would be transferred to the U.S. Treasury.

Key Provisions

Ends the Filipino Veterans Equity Compensation Fund on January 1, 2027.
Moves any remaining money from the fund into the general fund of the U.S. Treasury on January 1, 2027.
Changes the current law so the fund is no longer available "until expended" but instead until a specific date.

View on Congress.gov

HR 8767 · 119th Congress · May 12, 2026 · AI Summary by gemini-2.5-flash · 9/10

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