LENDING OR GIFT OF PUBLIC MONEY

Senate Constitutional Amendment 32. Amends section 31 of Article IV of Constitution. Provides that nothing in Constitution shall prohibit distribution of any surplus in the veterans farm and home building fund arising out of the operation of the Veterans’ Farm and Home Preservation Act of 921, by refunds, or credits on account, or otherwise to veterans who served n United States military or naval service during time of war and who are or have been purchasers under act, and whose payments thereunder have contributed to such surplus. Prescribes ratio for said distribution