Chip sends us a link to an article in the Marine Corps Times by Rick Maze which tells us that the second iteration of the Stolen Valor Act was caught in the reconciliation committee after passing in the Senate and the House;
Missing from the [2013 defense policy bill] is Stolen Valor Act legislation that would allow criminal charges to be brought against anyone who profits, directly or indirectly, from lying about military service or military medals received for valor. House and Senate negotiators were unable to reach agreement on details of exactly what acts should be a crime and how to punish the acts, aides said.
As I said when this bill was being written, it’s a lawyer employment act as it stands. What constitutes value. One might argue that using someone else’s valor to put a twinkle in a young girl’s eye is of a certain value. I guess there were too many lawyers in the reconciliation committee for them to arrive at a reasonable solution.