A bill to amend section 1682A of title 38, United States Code, to eliminate the State matching requirement under such section in connection with the program of accelerated payment of educational assistance allowances provided for in such section.

Eliminates the requirement that States have a program of matching the Federal amounts of veterans' accelerated educational assistance payments in order for a veteran to be eligible for such accelerated payments.

Increases the rate at which such accelerated assistance payments may be paid per school term.