SB1075
Veterans Services Foundation; powers and duties, appointment of an Executive Director, report.
Summary
As Passed House of Origin. Veterans Services Foundation; powers and duties; appointment of Executive Director; report.
Requires the Veterans Services Foundation to provide an annual report on its funding levels and services to the General Assembly. The bill also (i) authorizes the board of trustees of the Foundation to appoint an Executive Director and exercise personnel authority over the position, (ii) clarifies that the Foundation may ... (More) make direct request for appropriations from the General Assembly, (iii) clarifies that only the unrestricted portion of the Veterans Services Fund may be used for Foundation expenses, (iv) requires the Department of Veterans Services to provide qualified finance and development personnel to perform the duties of the treasurer and secretary of the Foundation, and (iv) provides that expenditures and disbursements from the Fund shall be made upon written authorization of the Executive Director with the approval of the board of trustees. The bill requires that allocations and expenditures of donated restricted funds be in accordance with cited provisions of the Uniform Prudent Management of Institutional Funds Act relating to the standard of conduct in managing and investing institutional funds. (Less)-
Bill History
- 01/06/2017 - Senate: Prefiled and ordered printed; offered 01/11/17 17100958D
- 01/06/2017 - Senate: Referred to Committee on General Laws and Technology
- 01/24/2017 - Senate: Impact statement from DPB (SB1075)
- 01/30/2017 - Senate: Reported from General Laws and Technology with substitute (15-Y 0-N)
- 01/30/2017 - Senate: Committee substitute printed 17104947D-S1
- 01/30/2017 - Senate: Rereferred to Finance
- 02/02/2017 - Senate: Reported from Finance (13-Y 3-N)
- 02/03/2017 - Senate: Impact statement from DPB (SB1075S1)
- 02/03/2017 - Senate: Constitutional reading dispensed (38-Y 0-N 1-A)
- 02/06/2017 - Senate: Read second time
- 02/06/2017 - Senate: Committee substitute rejected 17104947D-S1
- 02/06/2017 - Senate: Reading of substitute waived
- 02/06/2017 - Senate: Floor substitute printed 17105228D-S2 (Ruff)
- 02/06/2017 - Senate: Substitute by Senator Ruff agreed to 17105228D-S2
- 02/06/2017 - Senate: Engrossed by Senate - floor substitute SB1075S2
- 02/07/2017 - Senate: Read third time and passed Senate (40-Y 0-N)
- 02/09/2017 - House: Placed on Calendar
- 02/09/2017 - House: Read first time
- 02/09/2017 - House: Referred to Committee on General Laws
- 02/13/2017 - Senate: Impact statement from DPB (SB1075S2)
- 02/16/2017 - House: Reported from General Laws (12-Y 7-N)
- 02/20/2017 - House: Read second time
- 02/21/2017 - House: Read third time
- 02/21/2017 - House: Passed House (93-Y 0-N 1-A)
- 02/21/2017 - House: VOTE: PASSAGE (93-Y 0-N 1-A)
- 02/24/2017 - Senate: Enrolled
- 02/24/2017 - Senate: Bill text as passed Senate and House (SB1075ER)
- 02/24/2017 - Senate: Signed by President
- 02/24/2017 - House: Signed by Speaker
- 02/27/2017 - Senate: Impact statement from DPB (SB1075ER)
- 02/28/2017 - Senate: Enrolled Bill Communicated to Governor on 2/28/17
- 02/28/2017 - Governor: Governor's Action Deadline Midnight, March 27, 2017
- 03/13/2017 - Governor: Approved by Governor-Chapter 505 (effective 7/1/17)
- 03/13/2017 - Governor: Acts of Assembly Chapter text (CHAP0505)
