,,ii #aaith ,,congress #b;d ,session ,s4 #ebff ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,august #e1 #bjbf,mr4 ,risch introduced the following bill2 which was read twice and referred to the ,committee on ,veterans' ,affairs ,a ,,bill ,to amend title #aj1 ,united ,states ,code1 to provide flexibility in the recoupment of separation pay1 severance pay1 and readjustment pay from members of the ,armed ,forces receiving veterans' disability compensation4 #a4 ,short title ,this ,act may be cited as the ,veterans' ,earned ,benefits ,access ,act of #bjbf4 #b4 ,recoupment of separation1 severance1 and readjustment pay from members of the ,armed ,forces receiving veterans' disability compensation 7a7 ,in general ,section #aagd7;h77#b7 of title #aj1 ,united ,states ,code1 is amended-- 7#a7 by inserting 7,a7 after 7#b72 7#b7 by inserting 7as provided under subparagraph 7,b77 after there shall be deducted2 and 7#c7 by adding at the end the following new subparagraph3 7,b7 ,the ,secretary of ,veterans ,affairs may-- 7i7 deduct the amount described in subparagraph 7,a7 from the disability compensation of a member in monthly installments1 as a lump sum1 or using such other payment plan as the ,secretary determines appropriate2 and 7ii7 waive the requirement for such deductions in the case of a member who demonstrates to the ,secretary that such deductions would create a financial hardship for the member4 4 7b7 ,regulations ,not later than #ij days after the date of the enactment of this ,act1 the ,secretary of ,veterans ,affairs shall prescribe regulations to carry out subparagraph 7,b7 of section #aagd7;h77#b7 of title #aj1 ,united ,states ,code1 as added by subsection 7a7-- 7#a7 to ensure that a deduction from the veterans' disability compensation of a member under that subparagraph in a month does not exceed #be percent of the member's veterans' disability compensation for that month2 and 7#b7 to establish a process under which a member may apply for a hardship waiver under clause 7ii7 of that subparagraph4 7c7 ,effective date ,the amendments made by this section shall-- 7#a7 take effect on the first day of the first month beginning after the date on which final regulations under subsection 7b7 are published in the ,federal ,register2 and 7#b7 apply to veterans' disability compensation paid on or after that date4 7d7 ,veterans' disability compensation defined ,in this section1 the term veterans' disability compensation has the meaning given the term compensation in section #aja of title #ch1 ,united ,states ,code4