Victory for Veterans Stamp Act of 2012 - Directs the Postal Service to issue a special stamp, to be called the Victory for Veterans Stamp, at a cost of 25 cents each. Makes such Stamp invalid for postage.
Requires Stamp sale proceeds to be used as follows: (1) one-third for funding Department of Veterans Affairs (VA) veterans' vocational rehabilitation programs, (2) one-third to the general fund of the Treasury for deficit reduction, and (3) one-third for the Postal Service for modernization and fiscal administration.
Requires such Stamp to be made available to the public within six months after the enactment of this Act.
[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 3380 Introduced in Senate (IS)]
112th CONGRESS
2d Session
S. 3380
To provide for the issuance of a Victory for Veterans stamp, and for
other purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
July 12, 2012
Mr. Blumenthal (for himself, Mr. Begich, Mr. Isakson, Ms. Snowe, Mr.
Rubio, and Mr. Tester) introduced the following bill; which was read
twice and referred to the Committee on Homeland Security and
Governmental Affairs
_______________________________________________________________________
A BILL
To provide for the issuance of a Victory for Veterans stamp, and for
other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Victory for Veterans Stamp Act of
2012''.
SEC. 2. VICTORY FOR VETERANS STAMP.
(a) In General.--Title 39, United States Code, is amended by
inserting after section 414 the following:
``Sec. 414a. Victory for Veterans stamp
``(a) In order to provide members of the public an opportunity to
honor their veterans by supporting veterans' employment programs, to
reduce the deficit, and to preserve the vital role of the United States
Postal Service, the Postal Service shall issue a special stamp
(referred to in this section as the `Victory for Veterans Stamp') in
accordance with the provisions of this section.
``(b) The Victory for Veterans Stamp--
``(1) shall not be valid for purposes of postage; and
``(2) shall be offered at a cost equal to 25 cents.
``(c)(1) The amounts becoming available from the sale of the
Victory for Veterans Stamp shall be used as follows:
``(A) One-third of such amounts shall be transferred to the
Department of Veterans Affairs for purposes of funding
vocational rehabilitation programs for veterans under chapter
31 of title 38.
``(B) One-third of such amounts shall be transferred to the
general fund of the Treasury for purposes of deficit reduction.
``(C) One-third of such amounts shall be used by the Postal
Service to satisfy obligations incurred under section 2005.
``(2) Amounts transferred under this subsection to an agency under
paragraph (1)(A) or (1)(B) shall be made under such arrangements as the
Postal Service shall by mutual agreement with such agency establish in
order to carry out the purposes of this section.
``(3) For purposes of this section, the term `amounts becoming
available from the sale of the Victory for Veterans Stamp' means--
``(A) the total amounts received by the Postal Service that
it would not have received but for the enactment of this
section, reduced by
``(B) an amount sufficient to cover reasonable costs
incurred by the Postal Service in carrying out this section,
including those attributable to the printing, sale, and
distribution of the Victory for Veterans Stamp under this
section, as determined by the Postal Service under regulations
that it shall prescribe.
``(d) Amounts transferred under subsection (c)(1)(A) to the
Department of Veterans Affairs shall not be taken into account in any
decision relating to the level of appropriations or other Federal
funding to be furnished in any year to the Department.
``(e) The Victory for Veterans Stamp shall be made available to the
public beginning on such date as the Postal Service shall by regulation
prescribe, but in no event later than 6 months after the date of the
enactment of this section.
``(f) The Postmaster General shall include in each report rendered
under section 2402 information concerning the operation of this
section.''.
(b) Conforming Amendment.--The table of sections for title 39,
United States Code, is amended by inserting after the item relating to
section 414 the following:
``414a. Victory for Veterans stamp.''.
<all>
Introduced in Senate
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
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