An Act providing compensation to persons in active service in connection with the Global War on Terrorism or their beneficiaries; authorizing the incurring of indebtedness and the issue and sale of bonds by the Commonwealth for the payment of compensation contingent upon electorate approval; establishing the Global War on Terrorism Veterans' Compensation Bond Fund and the Global War on Terrorism Veterans' Compensation Bond Sinking Fund; imposing duties on the Department of General Services; imposing a penalty; making appropriations; and making a repeal.

This bill establishes a compensation program for Pennsylvania residents who served in the military during the Global War on Terrorism, covering active duty, service-connected hospital stays, and specific campaign medals. Eligible veterans receive between $500 and $1,000 for their service, with an additional $5,000 awarded to those who died or were declared prisoners of war due to their service. To fund these payments, the legislation creates two new bond funds and requires voter approval before the state can issue debt to cover the costs. The Department of Military and Veterans Affairs is tasked with administering applications and determining eligibility, while also prohibiting anyone from charging fees to help veterans apply for these benefits.