New Jersey's 7th Legislative District

Senator Diane Allen

Senator Diane Allen

Two Allen Bills to Aid Returning Veterans Pass Senate Panel

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Two bills sponsored by Senator Diane Allen (R-Burlington) to improve benefits and job prospects for returning veterans were advanced by the Senate Military and Veterans Affairs Committee.

Sen. Diane Allen’s bills aimed at helping returning veterans were advanced by a senate committee. (©iStock)

“We should be doing everything we can to show that we are grateful for our veterans,” Senator Allen said. “Service members encounter real struggles when they return home, so we must find ways to make that transition a little easier.”

The first bill increases the annual payments by the state to veterans with certain wartime service-connected disabilities from $750 to $1,500 annually. The amount of the annual payment for blind veterans has not changed since 1971. For veterans with other certain service-related disabilities, the amount hasn’t changed since 1981. The bill also allows for the allowance to be adjusted annually based on the Consumer Price Index.

The other measure, S-2143, exempts honorably discharged veterans from the state’s initial insurance producer licensing fee. The fee ranges from $75 to $150, according to the Division of Banking & Insurance.

“These men and women have served our nation honorably and bravely,” Senator Allen said. “They each have skills, a strong work ethic and the determination required to succeed when returning home. This legislation will ensure they have one less charge to worry about as they begin their new careers. I want to thank the New Jersey Association of Insurance and Financial Advisers for bringing this issue to my attention and helping me with the bill.”

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