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Massachusetts General Court· H3875Accompanied a study order, see H5466 (under House Rule 27)

An Act relative to the establishment of a veterans research trust fund, the official text

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	Chapter 115 of the General Laws is hereby amended by adding the following section:-
	Section 18. (a) There shall be a Veterans Research Trust Fund to be expended, without further appropriation, by the commission established in this section. The fund shall consist of: (i) monies received under subsection (b) of section 14 of chapter 94G; (ii) money transferred to the fund by the general court and specifically designated to be credited to the fund; (iii) funds from public and private sources, including, but not limited to, gifts, grants and donations; and (iv) interest earned on such money. Amounts credited to the fund that are unexpended at the end of a fiscal year shall not revert to the General Fund. The commission shall use money from the fund for the research of veterans’ issues and its members’ individual operational costs as a base amount at the beginning of each Fiscal Year. The commission’s operation costs shall not exceed 10 per cent of the money it expends in a fiscal year.
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