Rhode Island 2025 Regular Session

Rhode Island House Bill H5053 Compare Versions

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99 S T A T E O F R H O D E I S L A N D
1010 IN GENERAL ASSEMBLY
1111 JANUARY SESSION, A.D. 2025
1212 ____________
1313
1414 A N A C T
1515 RELATING TO MILITARY AFFAIRS AND DEFENSE -- NATIONAL GUARD
1616 Introduced By: Representatives Azzinaro, Fellela, Serpa, Casimiro, Kennedy, and
1717 Corvese
1818 Date Introduced: January 15, 2025
1919 Referred To: House Finance
2020
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2222 It is enacted by the General Assembly as follows:
2323 SECTION 1. Section 30-3-40.4 of the General Laws in Chapter 30-3 entitled "National 1
2424 Guard" is hereby amended to read as follows: 2
2525 30-3-40.4. Payment of life insurance premiums. 3
2626 Any member of the national guard who has been mobilized in excess of thirty (30) days 4
2727 and who elects coverage under a term life insurance policy issued by the federal government, shall 5
2828 be reimbursed from the general fund for the cost of premiums incurred by the member for said 6
2929 policy for any month or part thereof that the member has been mobilized. In the event that a member 7
3030 of the national guard elects coverage in an amount in excess of four five hundred thousand dollars 8
3131 ($400,000) ($500,000) under such policy, the member shall receive reimbursement from the 9
3232 general fund in an amount not to exceed the amount of the premiums attributable to the first four 10
3333 five hundred thousand dollars ($400,000) ($500,000) of coverage under said policy. 11
3434 SECTION 2. This act shall take effect upon passage. 12
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4141 EXPLANATION
4242 BY THE LEGISLATIVE COUNCIL
4343 OF
4444 A N A C T
4545 RELATING TO MILITARY AFFAIRS AND DEFENSE -- NATIONAL GUARD
4646 ***
4747 This act would raise the amount of life insurance the state would provide at no charge to 1
4848 Rhode Island National Guard members called up for federal duty to five hundred thousand dollars 2
4949 ($500,000). 3
5050 This act would take effect upon passage. 4
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