Veterans: other; Vietnam veteran era bonus extension act; create. Creates new act.

HB 5282 creates a new program to provide financial bonuses to Michigan veterans who served during the Vietnam-era period from September 1, 1973, to May 7, 1975, and met specific residency and service requirements. Combat veterans (those missing in action or eligible for the Vietnam Service Medal) receive a one-time $600 payment, while non-combat veterans receive $15 per month (capped at $450 total). Surviving spouses, children, or dependent parents of deceased or missing veterans can apply for these benefits through the Department of Military and Veterans Affairs. The program is funded by a newly created "Vietnam veteran era bonus extension fund" administered by the state, with application requirements including proof of honorable service and Michigan residency.