CHAPTER 592
SENATE CONCURRENT RESOLUTION NO. 17
(Holand, Torgerson)
BOND ISSUE FOR VIET NAM VETERANS
A concurrent resolution for a constitutional amendment authorizing the issuance of bonds of the state of North Dakota and the expenditure of the proceeds for the payment of adjusted compensation to North Dakota veterans of the Viet Nam conflict.
Be It Resolved by the Senate of the State of North Dakota, the House of Representatives Concurring Therein:
That the following proposed amendment to the Constitution of the state of North Dakota is agreed to and shall be submitted to the qualified electors of the state of North Dakota for approval or rejection at the primary election to be held in September 1970 in accordance with the provisions of section 202 of the Constitution of the state of North Dakota.
Section 1. Amendment.) The Constitution of the state of North Dakota shall be amended by adding thereto the following article :
The legislative assembly of the state of North Dakota is hereby authorized and empowered to provide by legislation for the issuance, sale, and delivery of bonds of the state of North Dakota in such principal amounts as determined by the legislative assembly to be necessary for the payment of adjusted compensation to North Dakota veterans of the Viet Nam conflict. Such adjusted compensation shall be paid from the proceeds of the bonds at rates equal to the rates provided by law for adjusted compensation paid by the state of North Dakota to veterans of World War II and the Korean conflict on the basis of terms of service and such other terms and conditions as the legislative assembly may provide. Grants or stipends paid pursuant to law by the state of North Dakota to any veteran for educational assistance shall be deducted from the adjusted compensation otherwise payable to such veteran.
Filed March 11, 1969