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Bill > S0029


RI S0029

RI S0029
Raises the amount of life insurance the state provides at no charge to Rhode Island National Guard members called up for federal duty to five hundred thousand dollars ($500,000).


summary

Introduced
01/23/2025
In Committee
06/05/2025
Crossed Over
06/10/2025
Passed
Dead
06/20/2025

Introduced Session

2025 Regular Session

Bill Summary

This act would raise the amount of life insurance the state would provide at no charge to Rhode Island National Guard members called up for federal duty to five hundred thousand dollars ($500,000). This act would take effect upon passage.

AI Summary

This bill amends Rhode Island state law to increase the amount of life insurance premiums the state will reimburse for National Guard members called up for federal duty for more than 30 days. Currently, the state provides reimbursement for life insurance policies up to $400,000, and this bill raises that limit to $500,000. If a National Guard member chooses a life insurance policy with coverage exceeding $500,000, the state will still only reimburse premiums for the first $500,000 of coverage. This means that when National Guard members are mobilized for federal service for more than a month, they can have their life insurance premiums fully covered by the state up to the new $500,000 limit. The bill would take effect immediately upon its passage, providing enhanced financial protection for Rhode Island National Guard members who are called to federal service.

Committee Categories

Budget and Finance

Sponsors (11)

Last Action

Senate read and passed (on 06/10/2025)

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