Financial Reporting Threshold Modernization Act

House Bill

H.R. 1799

119th Congress

Financial Reporting Threshold Modernization Act

In Committee

Introduced:Oct 21, 2025

Primary Sponsor

Derrick Francis Van Orden

Representative

Republican

WI-3

Cosponsors

0

Quick Stats

Policy Area

Armed Forces and National Security

Summary

This bill would expand job training and placement services offered by the Department of Labor to members of the Armed Forces who are eligible for the Transition Assistance Program. This would help military personnel learn skills and find jobs as they leave the military.

Latest Action

Subcommittee Consideration and Mark-up Session Held.

AI Summary

Plain-English explanation of this bill

This bill would expand job training and placement services offered by the Department of Labor to members of the Armed Forces who are eligible for the Transition Assistance Program. This would help military personnel learn skills and find jobs as they leave the military.

Last updated: 12/29/2025

Official Summary

Congressional Research Service summary

Ensure Military Personnel Learn Opportunities Yielding Vocations that Employ Transitioning Servicemembers Act or the EMPLOY VETS Act This bill expands eligibility for certain job counseling, training, and placement services administered by the Department of Labor (including services under the Disabled Veterans Outreach Program) to members of the Armed Forces who are eligible for the Transition Assistance Program.

Key Points

Main provisions of the bill

Expands eligibility for job counseling, training, and placement services to members of the Armed Forces who are eligible for the Transition Assistance Program.
The services are administered by the Department of Labor, including the Disabled Veterans Outreach Program.
This would help military personnel acquire new skills and transition to civilian jobs as they leave the military.

How This Impacts Americans

Potential effects on citizens and communities

If this bill becomes law, it would benefit active-duty military members who are preparing to leave the service by giving them greater access to job training and placement services. This could make their transition to civilian life and the workforce easier and more successful.

Policy Areas

Primary Policy Area

Armed Forces and National Security

Related Subjects

Employment and training programs

Veterans' education, employment, rehabilitation

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

1799, 119th Congress (2025). "Financial Reporting Threshold Modernization Act". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-1799