A BILL for an Act to amend and reenact section 53-06.1-12 of the North Dakota Century Code, relating to allocation of veteran service organization gaming taxes.
NDCC 53-06.1-12 (5) The attorney general shall deposit fifty percent of gaming taxes, monetary fines, and interest and penalties collected from a veteran organization equally among the veterans' postwar trust fund and the department of veterans affairs fund 410 for use for homeless veterans' services to prevent and eliminate homelessness.
Intent of Bill
Increase principal of the Post War Trust Fund (NDCC37-14-14) with 50% of gaming tax paid by Veteran Service Organizations.
Fiscal note: $2.3 million per biennium.
Final Bill
Allow veteran organizations to donate to the PWTF for Homeless Veterans Services.
added section 2 to NDCC 37-14-14.
2. A veterans organization as defined under section 53 - 06.1 - 01 may donate funds to the veterans' postwar trust fund for homeless veterans' services to prevent and eliminate veteran homelessness.
Fiscal note: None