Adjusts the veterans trust fund balance threshold and modifies fund distribution rules.

This bill modifies the veterans trust fund by raising the balance threshold from $50 million to $75 million for certain fund distributions. It specifies that interest and earnings from the fund, along with the first $500,000 from the lottery fund, should be appropriated to the commission of veterans affairs when the fund balance is below $75 million. The bill also removes the requirement for appropriations from the lottery fund when the balance was above $50 million the previous fiscal year. It further details how unencumbered or unobligated moneys revert to the fund.

Adjusts the veterans trust fund balance threshold and modifies fund distribution rules.

This bill modifies the veterans trust fund by raising the balance threshold from $50 million to $75 million for certain fund distributions. It specifies that interest and earnings from the fund, along with the first $500,000 from the lottery fund, should be appropriated to the commission of veterans affairs when the fund balance is below $75 million. The bill also removes the requirement for appropriations from the lottery fund when the balance was above $50 million the previous fiscal year. It further details how unencumbered or unobligated moneys revert to the fund.