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Senate Amendment FVS
H 4928 - Session 125 (2023-2024)
Veterans' Trust Fund
The Committee on Family and Veterans' Services proposes the following amendment (SR-4928.KM0001S):
Amend the bill, as and if amended, SECTION 2, by striking Section 25-21-30(11) and inserting:
(11) fundraise, to include making disbursements from the fund in support of fundraising activities. The disbursements may not exceed the lesser of one percent of the assets of the fund or fifty percent of the amount allowed to be disbursed pursuant to Section 25-21-40 per calendar year based on the closing balance of the fund and the end of the preceding calendar year.