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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 38 U.S.C. § 1929 Authority to adjust premium discount rates us united_states_code code_section 38 VETERANS BENEFITS 19 INSURANCE 1929 38 U.S.C. § 1929 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc38@119-100.zip /us/usc/t38/s1929 data/legal/raw/us/code/title-38/usc38.xml c994159b7ab4c87af30a8cf6dd84bec10cdecc234f67c66d89a93c5472bcf3c6 372998691b72ade88787dfa7633dbda4954bd1b037ec7926c5e06e9b1d17fc66 f53f9f125eaf4abbf19bdef94c93aa5310b3df42314540194101715824f5d368 2026-07-04 official
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38 U.S.C. § 1929 - Authority to adjust premium discount rates

Text

(a) Notwithstanding sections 1902, 1923, and 1925 of this title and subject to subsection (b) of this section, the Secretary may from time to time adjust the discount rates for premiums paid in advance on National Service Life Insurance, Veterans Special Life Insurance, and Veterans Reopened Insurance.

(b) (1) In adjusting a discount rate pursuant to subsection (a) of this section, the Secretary may not set such rate at a rate lower than the rate authorized for the program of insurance involved under section 1902, 1923, or 1925 of this title.

(2) The Secretary may make an adjustment under subsection (a) of this section only if the Secretary determines that the adjustment is administratively and actuarially sound for the program of insurance involved.

(Added Pub. L. 100687, div. B, title XIV, § 1401(b)(1), Nov. 18, 1988, 102 Stat. 4129, § 729; renumbered § 1929 and amended Pub. L. 10283, §§ 4(b)(1), (2)(E), 5(a), (c)(1), Aug. 6, 1991, 105 Stat. 404406.)

Notes

Editorial Notes

Amendments1991—Pub. L. 10283, § 5(a), renumbered section 729 of this title as this section. Pub. L. 10283, § 5(c)(1), substituted “1902, 1923, and 1925” for “702, 723, and 725” in subsec. (a) and “1902, 1923, or 1925” for “702, 723, or 725” in subsec. (b)(1). Pub. L. 10283, § 4(b)(1), (2)(E), substituted “Secretary” for “Administrator” wherever appearing.

Statutory Notes and Related Subsidiaries

Effective DatePub. L. 100687, div. B, title XIV, § 1401(b)(2), Nov. 18, 1988, 102 Stat. 4129, provided that: “The amendment made by paragraph (1) [enacting this section] shall take effect with respect to premiums paid after the date of the enactment of this Act [Nov. 18, 1988].”