The proposed bill aims to establish regulations regarding compensation for individuals advising on veterans' benefits in North Dakota. It introduces a new section to chapter 37-14 of the North Dakota Century Code, which prohibits individuals from receiving compensation for referring veterans to others for assistance with veterans' benefits matters, guaranteeing specific benefits, or charging excessive fees. The bill also mandates that any compensation agreements must be documented in writing, and that individuals providing such services must disclose their lack of affiliation with the U.S. Department of Veterans Affairs or other veterans' organizations, emphasizing that free services may be available elsewhere.

Additionally, the bill outlines specific limitations on compensation for those assisting veterans with initial claims for benefits, including restrictions on fees during a one-year presumptive period after active-duty release, and the prohibition of nonrefundable fees or the use of international call centers for processing personal information. It also requires background checks for individuals accessing veterans' sensitive information. Violations of these provisions would be considered unlawful practices, subject to civil penalties. Overall, the bill seeks to protect veterans from potential exploitation while ensuring transparency in the provision of benefits assistance.