Bill

Bill > S1318


NJ S1318

NJ S1318
Provides for annual adjustment in allowance paid to veterans with certain wartime service-connected disabilities.


summary

Introduced
02/03/2022
In Committee
03/13/2023
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Provides for annual adjustment in allowance paid to veterans with certain wartime service-connected disabilities.

AI Summary

This bill provides for an annual adjustment in the allowance paid to veterans with certain wartime service-connected disabilities. The bill increases the annual payment from $750 to $1,500 and requires the State Treasurer to adjust the payment annually in direct proportion to the percent change in the Consumer Price Index. The first adjustment will not be made sooner than twelve months after the bill's effective date. The bill also transfers the administration of the program from the Department of Economic Development to the Department of Military and Veterans' Affairs.

Committee Categories

Budget and Finance, Military Affairs and Security

Sponsors (2)

Last Action

Referred to Senate Budget and Appropriations Committee (on 03/13/2023)

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