The bill creates a clear statutory home intended to improve scam-prevention and recovery services for veterans, but it may raise federal costs and cause short-term implementation delays and administrative burdens.
Veterans and their families will have a dedicated statutory chapter for scam victim assistance, improving access to prevention, recovery, and coordinated support services.
Veterans will benefit from increased legal visibility and public accountability because the foundation is codified in Title 38, making its role clearer within veterans law.
Veterans may experience delays or uneven access to scam-assistance services while implementing details and securing funding for the new chapter.
Taxpayers could face increased federal spending if the new chapter authorizes funding for the foundation.
Federal employees and agencies (e.g., VA, codification offices) will incur additional administrative workload and costs to implement and maintain the new chapter and updated statutory tables.
Based on analysis of 2 sections of legislative text.
Adds a new chapter to Title 38 to establish a "Veteran Scam Victims Foundation" and updates Title 38 chapter tables.
Official title: To amend title 38, United States Code, to establish the Veteran Scam Victims Foundation, and for other purposes.
Introduced May 14, 2026 by George Whitesides · Last progress May 14, 2026
Creates a new statutory entity called the "Veteran Scam Victims Foundation" by inserting a new chapter into Title 38 of the U.S. Code and updating Title 38 chapter tables. The text provided only adds the foundation's placement in the veterans code; substantive details about the foundation's purpose, authorities, funding, or operations are not included in the two sections provided.