Michigan SB0239 extends bonuses for Vietnam-era veterans and their beneficiaries.
Michigan SB0239, the Vietnam Veteran Era Bonus Extension Act, establishes a fund to extend bonuses for Vietnam-era veterans and their beneficiaries. The Department of Military and Veterans Affairs will pay a $600 bonus to combat veterans and $15 per month for each month served, up to $450, to non-combat veterans. The Vietnam Veteran Era Bonus Extension Fund is created in the state treasury, with the state treasurer managing investments and the department administering the fund. The deadline for filing an application for benefits is five years after the act's effective date.
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