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2017 Session

Budget Amendments - SB900 (Committee Approved)

Veterans Services Foundation - New Item

Item 472.20 #1s

Item 472.20 #1s

First Year - FY2017 Second Year - FY2018
Veterans and Defense Affairs
Department of Veterans Services FY2017 $0 FY2018 $115,000 GF
FY2017 $0 FY2018 $150,000 NGF
FY2017 0.00 FY2018 1.00 FTE

Language

Page 456, after line 36, insert:

"VETERANS SERVICES FOUNDATION

472.20 Veterans Services Foundation                                                               $0                  $265,000

Fund Sources: General                                                      $0           $115,000

                                 Dedicated Special Revenue          $0           $150,000.

The Chairman of the Veterans Services Foundation shall submit a quarterly report to the Secretary of Veterans and Defense Affairs and an annual report to the Chairmen of the Senate Finance and House Appropriations Committees, beginning July 1, 2017, detailing revenues and expenditures for the Veterans Services Fund and the provision of administrative and support services for the Foundation.".



Explanation

(This amendment establishes the Veterans Services Foundation as an entity independent of the Department of Veterans Services, under the Secretary of Veterans and Defense Affairs, pursuant to Senate Bill 1075. A companion amendment makes corresponding reductions in Item 472 under the Department of Veterans Services. These amendments are contingent upon final passage of Senate Bill 1075 by the 2017 Session of the General Assembly. It is the intent of the General Assembly that the appropriate agency code for the Foundation will be added during enrollment.)