§ 417.115 — Gift Account for Veterans: Creation; administration; use; interest and income; claims; nonreversion; annual report of expenditures

Nevada § 417.115

• Jurisdiction: Nevada
• Title 37: VETERANS; PRIVILEGES, BENEFITS AND RECOGNITION RELATED
• Ch. 417: Veterans’

Text

1. The Gift Account for Veterans is hereby created in the State General Fund. The Director shall administer the Gift Account for Veterans.
2. The money deposited in the Gift Account for Veterans pursuant to NRS 482.3764 may only be used for the support of outreach programs or services for veterans and their families, or both, as determined by the Director.
3. The interest and income earned on the money in the Gift Account for Veterans, after deducting any applicable charges, must be credited to the Gift Account for Veterans.
4. All money in the Gift Account for Veterans must be paid out on claims approved by the Director as other claims against the State are paid.
5. Any money remaining in the Gift Account for Veterans at the end of each fiscal year does not lapse to the State General Fund, but must be carried forward into the next fiscal year.
6. The Director shall, on or before August 1 of each year, prepare and submit to the Interim Finance Committee a report detailing the expenditures made from the Gift Account for Veterans.

Legislative History

(Added to NRS by 1993, 2599 ; A 1997, 2587 ; 1999, 1956 ; 2003, 2812 , 3210 ; 2005, 530 ; 2007, 668 ; 2011, 467 ; 2013, 2501 )