billHR2283Event Thursday, May 14, 2026Analyzed

Recognizing Community Organizations for Veteran Engagement and Recovery Act

Neutral

Summary

The RECOVER Act (HR2283) is a three-year VA pilot program authorizing grants to non-profit outpatient mental health providers for culturally competent, evidence-based veteran care. It has been reported out of committee (14-8) and awaits floor action. No specific funding amount is authorized, and no publicly traded companies are directly obligated.

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Key Takeaways

  • 1.The bill is in early legislative stages with no floor vote scheduled.
  • 2.No specific funding authorization is included; actual spending depends on future appropriations.
  • 3.No publicly traded companies are directly affected because the program targets non-profit providers.

Market Implications

No market implications for publicly traded companies. The bill targets non-profit mental health providers and does not authorize specific funding.

Full Analysis

The bill, introduced by Rep. Bost (R-IL-12) and cosponsored by 4 others, directs the VA to establish a three-year pilot grant program for non-profit mental health providers with at least three years of outpatient facility operation. It was marked up in subcommittee and full committee, then ordered reported in the nature of a substitute by a 14-8 vote on May 14, 2026. The bill is now awaiting floor action in the House. No companion bill (S4137) has advanced. The bill does not authorize a specific dollar amount; any funding would require a separate appropriations bill. The pilot targets non-profit providers, not for-profit entities, so no publicly traded company is directly impacted. The mechanism is a grant program to existing non-profits, with no procurement or contracting pathway that would affect listed companies.

Key Legislators

Rep. Bost, Mike [R-IL-12]

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