HF 414 – Disclosure requirements for private providers of veterans benefits, services
FLOOR ACTION:
HF 414 requires a person who provides veterans benefits services to give a written disclosure statement to each client or prospective client, and obtain the signature of the client on the written disclosure statement before entering into an agreement to provide veterans benefits services or accepting money or any other thing of value for providing those services. A person who violates these requirements is subject to a maximum civil penalty of $1,000 for each violation. Any civil penalty recovered must be deposited in the Veterans Trust Fund.
The Iowa Department of Veterans Affairs, in coordination with the county commissions of veteran affairs, will develop a written disclosure statement for use by private providers of benefits services for veterans. The written disclosure statement is required to include a signature line, contact information for the department and a statement that veterans’ benefits services are offered at no cost by federally chartered veteran service organizations and by county commission of veteran affairs offices. The bill passed the House on a vote of 96-0. [4/13: 47-0 (Bertrand, Chelgren, Zumbach absent)]