Disabled Veterans Tax Termination Act

# Disabled Veterans Tax Termination Act - Plain Language Summary **What the Bill Does:** This bill would allow disabled veterans to receive both their military retirement pay and disability compensation at the same time, something currently restricted for many veterans. Specifically, it would let veterans with service-connected disabilities rated below 50% receive full concurrent payments. It would also extend this benefit to veterans who retired with less than 20 years of service, though their retirement pay would be reduced by a specified amount. **Who It Affects:** The primary beneficiaries would be disabled veterans—particularly those with lower disability ratings (under 50%) and those who didn't serve the full 20 years typically required for military retirement.

Currently, these veterans often must choose between receiving retirement pay or disability compensation, but not both in full. The bill aims to reduce this financial burden on this veteran population. **Current Status:** The bill (HR 333) was introduced in the 119th Congress by Representative Sanford Bishop (D-GA) and is currently in committee, meaning it has not yet been voted on by the full House. Committee review is an early stage in the legislative process where bills are examined before potential advancement.