An Act to designate the Veterans' Administration hospital in Columbia, Missouri, as the "Harry S. Truman Memorial Veterans' Hospital"; to amend title 38, United States Code, to increase the rates of vocational rehabilitation, educational assistance and special training allowances paid to certain eligible veterans and persons; and for other purposes.

(LATEST SUMMARY)

=Title I: Designating the Veterans' Administration Hospital at Columbia, Missouri, as the Harry S. Truman Memorial Veterans' Hospital= - Directs that the Veterans' Administration Hospital at Columbia, Missouri, shall be designated as the "Harry S. Truman Memorial Veterans' Hospital".

Authorizes the Administrator of Veterans' Affairs to provide a memorial at the Columbia, Missouri, VA Hospital to preserve the remembrance of Harry S. Truman.

=Title II: Veterans' Education and Rehabilitation Equalization Amendments Act of 1974= -Veterans' Education and Rehabilitation Equalization Amendments Act.

Provides, under the subsistence allowance table relating to veterans' benefits in the U.S. Code, for a 3.8 percent increase in the monthly subsistence allowance rates for specified trainees.

Provides a 3.8 percent increase in the rates for veterans in flight training, on active duty, or under the Predischarge Education Program.

Provides a 3.8 percent increase in the flight training program assistance for Veterans.

Provides other increases in educational benefits for specified veterans, including a 3.8 percent increase in the monthly educational assistance allowance rates to eligible persons pursuing a full-time course of training in a business or industrial establishment with the training in the establishment being strictly supplemental to the institution portion.