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Iowa to Issue 85 Million Bonds for World War II Service Pay
Iowa enacts authorizing 85 million dollars in bonds to fund service compensation for veterans of World War II. A board will administer payments, with monthly rates of 10 dollars for domestic service and 12.5 dollars for foreign service up to 500 dollars per veteran. The act creates a tax to repay principal and interest over 20 years and directs a public vote in 1948.
MENTIONED IN THIS ARTICLE
Iowa
United States
General Assembly
State OF
Treasury
Des Moines
Lowain
District Court
Supreme Court
Hoara
Service Compensation Board
State Tax Commission