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, such as receiving compensation for advising on veterans benefits matters without proper accreditation, guaranteeing specific benefits, or falsely claiming affiliation with recognized organizations.

Additionally, the bill mandates that any person seeking compensation for advising or assisting with veterans benefits must memorialize the terms of payment in a written agreement, adhering to federal regulations. It prohibits excessive or unreasonable fees for such services and establishes that violations of this chapter are considered violations of existing consumer protection laws. The Attorney General and State's Attorneys are granted authority to enforce these provisions, and the act is set to take effect on July 1, 2025.