Bills › 90th General Assembly
Relating to annual appropriations to the veterans trust fund and making an appropriation and including effective date and applicability provisions
Topics:State budgetVeterans & military
Same legislation: HF 445
Where it is now
- Done: IntroducedJanuary 23, 2023
- Stopped: SubcommitteeDied when the General Assembly ended
- Next: House committee
- Next: Passes the House
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2024 session adjourned on April 19, 2024, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary If the veterans trust fund has less than $50 million in it, the state will increase the yearly amount given to the fund from $500,000 to $1 million. The lottery fund will also continue to send $1.5 million to the fund every year. This change helps ensure there is more money available for veterans.1
Read the official explanation
This bill relates to veterans trust fund annual appropriations. The bill increases the amount appropriated to the veterans trust fund annually from $500,000 to $1 million in fiscal years that the beginning balance of the veterans trust fund is below $50 million. Each year, the lottery fund transfers $1.5 million to the veterans trust fund. The bill takes effect upon enactment and applies retroactively to fiscal year 2022-2023.
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90th General Assembly