Chapter 560
2006 -- H 7212
Enacted 07/10/06
A N A C T
RELATING
TO MILITARY AFFAIRS AND DEFENSE - NATIONAL GUARD
Introduced
By: Representatives Carter, Gallison, Costantino, Slater, and San Bento
Date
Introduced: February 14, 2006
It is enacted by the General Assembly as
follows:
SECTION 1. Section
30-3-40.4 of the General Laws in Chapter 30-3 entitled "National
Guard" is hereby amended to read as
follows:
30-3-40.4.
Payment of life insurance premiums. -- Any member of the National Guard
who has been mobilized in excess of thirty (30)
days and who elects coverage under a term life
insurance policy issued by the federal
government shall be reimbursed from the general fund for
the cost of premiums incurred by the member for
said policy for any month or part thereof that
the member has been mobilized. In the event that
a member of the National Guard elects
coverage in an amount in excess of two four
hundred fifty thousand dollars ($250,000)($400,000)
under such policy, the member shall receive
reimbursement from the general fund in an amount
not to exceed the amount of the premiums
attributable to the first two four hundred fifty thousand
dollars ($250,000)($400,000) of
coverage under said policy.
SECTION 2. This
act shall take effect on October 1, 2005.
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LC02091
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