- Not enactedThe President has not signed this bill
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Committee on Armed ServicesMilitary PersonnelIntroducedApril 15th, 2010
- house Committees
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Military Families Financial Preparedness Act
To amend title 10, United States Code, to expand the matters covered by preseparation counseling provided to members of the Armed Forces and their spouses.
Military Families Financial Preparedness Act - Requires the following information to be included as part of preseparation counseling provided to members of the Armed Forces and their spouses: (1) survivor benefits available through the Secretary of Defense (DOD) or Veterans Affairs (VA); (2) budgeting, saving, credit, loans, and taxes; (3) home loan services and housing assistance available through DOD or the VA and counseling on responsible borrowing practices; and (4) additional counseling regarding the member's actual entitlement to benefits and how to apply for such benefits.