SB1316: Providing compensation to persons in active service in connection with the Global War on Terrorism or their beneficiaries; authorizing the incurring of indebtedness and the issue and sale of bonds by the Commonwealth for the payment of compensation contingent upon electorate approval; establishing the Global War on Terrorism Veterans' Compensation Bond Fund and the Global War on Terrorism Veterans' Compensation Bond Sinking Fund; imposing duties on the Department of General Services; imposing a penalty; making appropriations; and making a repeal.

Legislative Summary

An Act providing compensation to persons in active service in connection with the Global War on Terrorism or their beneficiaries; authorizing the incurring of indebtedness and the issue and sale of bonds by the Commonwealth for the payment of compensation contingent upon electorate approval; establishing the Global War on Terrorism Veterans' Compensation Bond Fund and the Global War on Terrorism Veterans' Compensation Bond Sinking Fund; imposing duties on the Department of General Services; imposing a penalty; making appropriations; and making a repeal.