Compensation Fund Recrediting Act
Committee hearing: it can still change before the session ends.
- Stage
- Committee hearing
- Started in
- House
- Latest action
- Jun 25, 2026
What it does
The Compensation Fund Recrediting Act would amend the American Recovery and Reinvestment Act of 2009 to end the Filipino Veterans Equity Compensation Fund by January 1, 2027, after which any remaining funds would be transferred to the U.S. Treasury’s general fund. The bill affects the Filipino Veterans Equity Compensation Fund, which was established to provide one-time payments to eligible Filipino veterans of World War II. By setting a sunset date and requiring the recrediting of unspent funds, the legislation effectively winds down the program and returns its resources to the federal budget.
AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.