Chapter
567
2006 -- S 2554
Enacted 07/10/06
A N A
C T
RELATING TO THE
NATIONAL GUARD
Introduced By: Senator
Dennis L. Algiere
Date Introduced: February
09, 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 hundred fifty thousand dollars ($250,000) four
hundred
thousand
dollars ($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
hundred
fifty thousand dollars ($250,000) four
hundred thousand dollars ($400,000) of coverage
under
said policy.
SECTION
2. This act shall take effect on upon passage and shall be applied
retroactively
to
October 1, 2005.
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LC01554
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