Establishes a senior citizen grants endowment fund and a senior citizen grants dividend raffle fund to support senior citizens.
The bill creates the senior citizen grants endowment fund and the senior citizen grants dividend raffle fund. Donations to the raffle fund allow participants to enter a raffle for prizes based on the fund's balance. Twenty-five percent of the donations go to the endowment fund, and 25 percent to the raffle fund. The endowment fund supports senior citizens through grants, while the raffle fund awards prizes. The remaining 50 percent of donations go to the Department of Health for grants to organizations that provide meals, transportation, and housing to seniors.
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