Bill · H.R. 3159· House(119-HR-3159)

Improving SCRA Benefit Utilization Act

Age: 62 years

Maryland

Introduced: 5/1/2025
Last activity: 5/14/2026 — Ordered to be Reported in the Nature of a Substitute by Voice Vote.
Sponsored by: April McClain Delaney
Cosponsors: - 15 - 3

Armed Forces and National Security

Introduced

What this bill would do

This bill, known as the "Improving SCRA Benefit Utilization Act," aims to amend title 10 of the United States Code. It seeks to include training on consumer financial protections, specifically interest rate limits under the Servicemembers Civil Relief Act, into financial literacy programs for the Armed Forces. The bill also updates notification requirements for when individuals enter military or reserve service or are called to active duty. Additionally, it changes how creditors handle debts and other obligations of servicemembers. Finally, it requires creditors to provide various ways for servicemembers to submit required documents.

Yes· 3 of 5

Does this give people more protection from unfair business practices?+6
The bill expands protections for servicemembers by ensuring interest rate limits apply to all debts and providing multiple ways to submit required documentation.
Would veterans be better off under this, taking everything together?+5
The bill improves financial preparedness and debt protection for those in active and reserve service.
Does this increase the pay, pensions or support veterans receive?+4
The bill enhances the financial security and literacy of current and future servicemembers through expanded interest rate protections.