Servicemembers and Military Families Financial Protection Act of 2001
Committee Hearings Held.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Oct 25, 2001
Servicemembers and Military Families Financial Protection Act of 2001 - Amends the Soldiers' and Sailors' Civil Relief Act of 1940 to prohibit the eviction or distress during a member's period of military service of the spouse, child, or other dependent of such member from any premises for which the rent does not exceed $1,950 (currently $1,250).Allows a member to elect in writing to be insured under the Servicemembers' Group Life Insurance or Veterans' Group Life Insurance programs in amounts in excess of the current $250,000 limit ($500,000, $750,000, or $1 million). Authorizes military pay deductions to cover appropriate insurance premiums.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 19, 2025. Consult Congress.gov for the current record.
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