The bill H.103 aims to protect veterans, their dependents, and survivors from unfair and deceptive practices related to veterans benefits. It introduces a new chapter, Chapter 88, to Title 20 of the Vermont Statutes, which outlines the legislative intent to prevent individuals from charging for assistance with filing veteran-related claims unless they are accredited by the U.S. Department of Veterans Affairs or are employees of the Vermont Office of Veterans Affairs or the Vermont Veterans Home. The bill defines key terms, including "compensation" and "veterans benefits matter," and establishes prohibited conduct for individuals providing advice or assistance in this area.

Specifically, the bill prohibits individuals from receiving compensation for advising on veterans benefits matters, referring individuals for such advice, or guaranteeing specific outcomes regarding benefits. It also requires that any compensation agreements for services rendered be memorialized in writing and adhere to federal regulations. Additionally, the bill sets forth that no excessive or unreasonable fees may be charged for these services, and violations of this chapter will be treated as violations of existing consumer protection laws. The act is set to take effect on July 1, 2025.