2r. (A) Upon the request of the department of | 12 |
veterans services, the Ohio public facilities
commission shall | 13 |
proceed to issue and sell, from time
to
time,
bonds or
other | 14 |
obligations of the state in such amounts as
are
necessary
to | 15 |
provide all or part of the funds as may be
required
to pay the | 16 |
compensation established by, and the expenses
of
administering, | 17 |
this section. The original principal amount of
obligations so | 18 |
issued
shall not exceed two hundred million
dollars, provided | 19 |
that obligations issued under this section to
retire or refund | 20 |
obligations previously issued under this section
shall not be | 21 |
counted against that issuance limitation. The full
faith and | 22 |
credit, revenue, and taxing power of the state is
hereby pledged | 23 |
for payment of debt service on such obligations
issued under this | 24 |
section, and the state covenants to continue the
levy, | 25 |
collection, and application of sufficient state excises,
taxes, | 26 |
and revenues to the extent needed for those purposes;
provided | 27 |
that moneys referred to in Section 5a of Article XII of
the | 28 |
Constitution of the State of Ohio may not be pledged or used
for | 29 |
the payment of debt service. As used in
this section, "debt | 30 |
service" means principal and interest and
other accreted amounts | 31 |
payable on the obligations authorized
by this section. | 32 |
Each obligation so issued shall mature not later than the | 33 |
thirty-first day of December of the fifteenth calendar year after | 34 |
its issuance, except that obligations issued to refund obligations | 35 |
under this section shall mature not later than
the thirty-first | 36 |
day of December of the fifteenth calendar year
after the year in | 37 |
which the original obligation was issued.
Except for obligations | 38 |
issued under this section to retire
or refund obligations | 39 |
previously issued under this section, no obligations shall
be | 40 |
issued under this
section later than
December 31, 2013. | 41 |
In the case of the issuance of any obligations under this | 42 |
section as bond anticipation notes, provision shall be made in the | 43 |
bond or note proceedings for the establishment, and the | 44 |
maintenance during the period the notes are outstanding, of | 45 |
special funds into which there shall be paid, from the sources | 46 |
authorized for payment of the bonds anticipated, the amount that | 47 |
would have been sufficient to pay the principal that would have | 48 |
been payable on those bonds during that period if bonds maturing | 49 |
serially in each year over the maximum period of maturity referred | 50 |
to in this section had been issued without the prior issuance of | 51 |
the notes. Those special funds and investment income on them shall | 52 |
be used solely for the payment of debt service on those notes or | 53 |
the bonds anticipated. | 54 |
(B) Out of the proceeds of the sale of all obligations, | 62 |
except those issued to refund or retire obligations previously | 63 |
issued under this section,
the amount that represents accrued | 64 |
interest, if any, shall be paid
into the state treasury into the | 65 |
Persian gulf, Afghanistan, and
Iraq conflicts compensation bond | 66 |
retirement fund, which is hereby
created. As determined at the | 67 |
time of sale, the amount that represents premium shall be paid | 68 |
into either the Persian gulf, Afghanistan, and Iraq conflicts | 69 |
compensation bond retirement fund or the Persian gulf, | 70 |
Afghanistan, and Iraq conflicts compensation fund, which is hereby | 71 |
created in the state treasury. The balance of the proceeds shall | 72 |
be paid into the Persian gulf, Afghanistan, and Iraq conflicts | 73 |
compensation fund. All proceeds of the sale of any obligations | 74 |
issued under this section to refund or retire obligations | 75 |
previously issued under this section shall be paid into the | 76 |
Persian gulf, Afghanistan, and Iraq conflicts compensation bond | 77 |
retirement fund and used to pay debt service on those outstanding | 78 |
obligations so refunded. The general assembly
may appropriate and | 79 |
cause to be paid into the Persian gulf,
Afghanistan, and Iraq | 80 |
conflicts compensation bond retirement fund
or the Persian gulf, | 81 |
Afghanistan, and Iraq conflicts compensation
fund, out of money | 82 |
in the treasury not otherwise appropriated,
such amount as is | 83 |
proper for use for the purposes for
which such funds are created. | 84 |
Except for amounts advanced by the general assembly to the Persian | 85 |
gulf, Afghanistan, and Iraq conflicts compensation fund with the | 86 |
express expectation of reimbursement from the proceeds of | 87 |
obligations paid into that fund, and except for amounts | 88 |
transferred under division (E) of this section for the purpose of | 89 |
defraying the immediate cost of administration and compensation, | 90 |
if the
general
assembly
appropriates any funds to the Persian | 91 |
gulf,
Afghanistan,
and
Iraq conflicts compensation fund prior | 92 |
to the
time obligations have been issued in the original | 93 |
principal amount authorized in this section, that original | 94 |
principal amount authorized in this section shall be reduced by | 95 |
the
amount of funds
appropriated. | 96 |
(C) On or before the fifteenth day of July of each fiscal | 97 |
year, the Ohio public facilities commission shall certify, or | 98 |
cause to be certified, to the director of budget and
management | 99 |
the total amount of money required during the current fiscal year, | 100 |
together with all
other money
that will
be
available in the | 101 |
Persian gulf,
Afghanistan, and Iraq
conflicts
compensation bond | 102 |
retirement
fund, to meet in full all debt service and related | 103 |
financing costs on the obligations issued under this section.
The | 104 |
director shall transfer from the general
revenue fund to the | 105 |
Persian gulf, Afghanistan, and Iraq conflicts
compensation bond | 106 |
retirement fund, without necessity of
appropriation by the | 107 |
general assembly, an
amount equal to the
amount so certified, | 108 |
and those funds shall be used for the payment
of the debt | 109 |
service. | 110 |
(a) The person has served in active duty in the United States | 118 |
armed forces, except active duty for training only, at any
time | 119 |
between August 2, 1990, and March 3, 1991, at any time
between | 120 |
October 7, 2001, and the date determined by the president
of the | 121 |
United States as the end of involvement of the
United States | 122 |
armed forces in Afghanistan, or at any time between
March 19, | 123 |
2003, and the date determined by the president of the United | 124 |
States as the end of the involvement of the
United States armed | 125 |
forces in Iraq. | 126 |
A person who meets the requirements of divisions (D)(1)(a), | 134 |
(b), and (c) of this section is entitled to, and may apply to | 135 |
receive, compensation of fifty dollars for each month of active | 136 |
domestic or foreign service and one hundred dollars for each month | 137 |
of Persian gulf, Afghanistan, or Iraq service during the | 138 |
compensable periods. A person who is medically discharged or | 139 |
medically retired from service due to combat-related disabilities | 140 |
sustained during Persian gulf, Afghanistan, or Iraq service is | 141 |
entitled to, and may apply to receive, compensation of one | 142 |
thousand dollars. The
maximum amount of cash payable to any | 143 |
person in active domestic or
foreign service is five hundred | 144 |
dollars and the maximum amount of
cash payable to any person in | 145 |
Persian gulf, Afghanistan, or Iraq
service is one thousand | 146 |
dollars, unless the person qualifies for a
survivor's payment or | 147 |
a payment based on missing in action or
prisoner of war status | 148 |
under division (D)(2) or (D)(3) of this
section. Compensation for | 149 |
a fraction of a month of service shall
be paid on the basis of | 150 |
one-thirtieth of the appropriate monthly
amount for each day of | 151 |
service. | 152 |
(2) The surviving spouse, surviving child or children, or | 153 |
surviving parent or parents, including a person or persons | 154 |
standing in loco parentis for at least one year preceding | 155 |
commencement of
service in the United States armed forces, is | 156 |
entitled to, and may
apply to receive, the
same amount of | 157 |
compensation that the person
who served in the
armed forces | 158 |
would have received under division
(D)(1) of this
section. If | 159 |
the United States department of
veterans' affairs
determines | 160 |
that the person's death was the
result of injuries or
illness | 161 |
sustained in Persian gulf,
Afghanistan, or Iraq service,
the | 162 |
person's survivors are entitled
to, and may apply for, a | 163 |
survivor's payment of
five thousand
dollars, regardless of the | 164 |
amount of compensation
that the
deceased would have been | 165 |
entitled to receive under this
section,
if living. The | 166 |
survivor's payment shall be made to the
surviving
spouse. If | 167 |
there is no surviving spouse, the payment
shall go to
the | 168 |
surviving child or children. If there are no
surviving
children, | 169 |
the payment shall go to the surviving parent
or parents
or | 170 |
person or persons standing in loco parentis for at least one year | 171 |
preceding commencement of service in the United States armed | 172 |
forces. | 173 |
(3) A person designated by the United States department of | 174 |
defense as missing in action as a result of honorable service or | 175 |
held in enemy captivity, or the spouse, child, or parent, | 176 |
including
a person standing in loco parentis for at least one | 177 |
year
preceding
commencement of service in the United States | 178 |
armed forces, of a person
designated as
missing in action or | 179 |
held in enemy captivity, is
entitled to, and
may apply for, a | 180 |
payment of five thousand
dollars. This payment
replaces any | 181 |
other
cash benefit payable
under this section. While
the person | 182 |
is
missing or held captive,
the payment shall be made
to the | 183 |
person's
spouse. If there is no
spouse to claim the
payment, | 184 |
payment shall
be made to the
person's child or children.
If the | 185 |
person does not
have
children, payment shall be made to
the | 186 |
person's parent or
parents or person or persons standing in
loco | 187 |
parentis for at least one year preceding commencement of service | 188 |
in the United States armed forces. | 189 |
The department shall select and appoint legal counsel
and | 255 |
employees as are necessary and fix their compensation and | 256 |
prescribe their duties. All appointees shall serve at the | 257 |
pleasure of the director of veterans services. When practical, the | 258 |
department shall
employ
Persian gulf,
Afghanistan, and Iraq | 259 |
conflict
veterans to
fill such
positions.
The general assembly | 260 |
shall
transfer
necessary funds to
the
Persian gulf, | 261 |
Afghanistan, and
Iraq
conflicts compensation
fund
and to the | 262 |
department's
operating
budget, for the purpose of
defraying the | 263 |
immediate cost
of
administration and compensation.
Any funds so | 264 |
transferred shall
not reduce the original principal
amount of | 265 |
obligations that may
be issued under this section. | 266 |
On retirement of all of the obligations issued under this | 273 |
section and payment of all valid claims for cash compensation made | 274 |
within the time limitations under this section, the department | 275 |
shall
make a final report to the general assembly. Any
balance | 276 |
remaining in the Persian gulf, Afghanistan, and Iraq
conflicts | 277 |
compensation fund or the Persian gulf, Afghanistan, and
Iraq | 278 |
conflicts compensation bond retirement fund shall be
transferred | 279 |
or disposed of as provided by law. | 280 |