Adjusts the veterans trust fund balance threshold and distribution of lottery funds to county directors of veteran affairs.
This bill modifies the veterans trust fund by raising the balance threshold from $50 million to $75 million for certain fund distributions. Specifically, it requires that when the balance of the veterans trust fund is below $75 million, the interest on the fund and the first $500,000 received from the lottery fund be distributed to county directors of veteran affairs. Half of these funds are distributed equally to each county, and the other half is distributed based on the population of veterans in the county.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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