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NY A03454
Bill
Status
1/25/2013
Primary Sponsor
Matthew Titone
Click for details
AI Summary
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Amends New York State Constitution Section 18 of Article 7 to authorize creation of state debt for bonuses to armed forces members who served during Korean War (June 27, 1950 - January 31, 1955), Vietnam War (December 22, 1961 - May 7, 1975), or Persian Gulf War (August 2, 1990 - end of hostilities)
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Provides maximum bonus of $400 for members with overseas service and $300 for members with stateside service, with payment also available to next of kin or legatees of deceased service members
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Requires service members to be New York State residents at time of service and allows bonuses to those still in armed forces or honorably discharged
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Increases aggregate debt authorization limit from $400 million to $600 million for all bonuses authorized under this section
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Requires bond proceeds to be available for bonus payments to qualified persons, with amendment to take effect without voter approval and to be published for three months before next general election
Legislative Description
Authorizes creation of a state debt for payment of a bonus to members of the armed forces from this state for service during the period of the Korean, Vietnam or Persian Gulf hostilities of a maximum of $400 for overseas service and $300 for stateside service.
Last Action
opinion referred to judiciary
2/5/2014