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SF 362 Senate Long Description

1E Requiring the adjutant general to establish a program to provide interest free loans to certain members of the national guard or other military reserve units called to active federal service and deployed outside the country, specifying eligibility requirements and certain limits; granting surviving spouses of eligible members eligibility for the loans upon the death of the member; authorizing the adjutant general to adopt rules to provide additional eligibility criteria for the loans and to impose application and origination fees, requiring crediting of the fees to an account in the special revenue fund and appropriating money in the fund to the adjutant general for administrative expenses; requiring repayment within a certain number of years of the date of loan origin
(ra, ja)