The proposed bill, known as the Safeguarding American Veteran Empowerment (SAVE) Act, aims to regulate compensation for individuals assisting veterans with benefits matters. It defines "compensation" and "veterans benefits matter," and prohibits individuals from receiving compensation for referring veterans to others for assistance or for services related to claims filed within one year of active-duty release unless a waiver is signed by the veteran. Compensation for advising or consulting on veterans benefits is contingent upon an increase in awarded benefits, with a cap set at a one-time fee not exceeding five times the monthly increase in benefits. Additionally, no initial or nonrefundable fees may be charged.

The bill also mandates that individuals providing such services must disclose that their business is not affiliated with the U.S. Department of Veterans Affairs or the Kansas Office of Veterans Services, and that free services may be available elsewhere. It includes requirements for businesses regarding the handling of veterans' personal information and establishes penalties for violations. Notably, the bill clarifies that it does not affect the requirements for agents or attorneys accredited by the U.S. Department of Veterans Affairs and allows for claims under Kansas law.