SUMMARY--Revises provisions relating to use of gifts of money or personal property donated to veterans' cemeteries. (BDR 37-1044)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State or on Industrial Insurance: No.
EXPLANATION - Matter in italics is new; matter in brackets [ ] is material to be omitted.
AN ACT relating to veterans; revising the provisions relating to the use of gifts of money or personal property donated to veterans' cemeteries; and providing other matters properly relating thereto.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
Section 1 Chapter 417 of NRS is hereby amended by adding thereto a new section to read as follows:
1. Money received by the commissioner or the deputy commissioner from gifts of money or proceeds derived from the sale of gifts of personal property that he is authorized to accept must, if the donor of such a gift has specified a purpose for its use, be deposited with the state treasurer for credit to the account for restricted gifts to veterans' cemeteries, which is hereby created within the state general fund.
2. Money in the account for restricted gifts to veterans' cemeteries must not be commingled with money in the accounts established pursuant to NRS 417.220.
3. The interest and income earned on the money in the account for restricted gifts to veterans' cemeteries, after deducting any applicable charges, must be credited to the account.
4. The commissioner or the deputy commissioner shall maintain records of the sources of any gifts of money or proceeds derived from the sale of gifts of personal property that he is authorized to accept which are deposited to the account for restricted gifts to veterans' cemeteries pursuant to subsection 1, and shall expend the money contained therein only in accordance with the purposes specified by the donor of such money or personal property.
Sec. 2 NRS 417.220 is hereby amended to read as follows:
417.220 1. Money received by the commissioner or the deputy commissioner from:
(a) Fees pursuant to subsection 3 of NRS 417.210;
(b) Allowances for burial from the Department of Veterans Affairs or the Social Security Administration;
(c) Appropriations made by the legislature for veterans' cemeteries; and
(d) Gifts of money or proceeds derived from the sale of gifts of personal property for which the donors have not specified a purpose for their use, that he is authorized to accept,
must be deposited with the state treasurer for credit to the account for a veterans' cemetery in northern Nevada or the account for a veterans' cemetery in southern Nevada, whichever is appropriate, in the state general fund.
2. The interest and income earned on the money in the accounts, after deducting any applicable charges, must be credited to the accounts.
3. The money in each account must only be used for the operation and maintenance of the cemetery for which the account was created.
4. Gifts of personal property which the commissioner or the deputy commissioner is authorized to receive but which are not appropriate for conversion to money may be used in kind [.] , unless the donor of the personal property has indicated that the gift must be used in a specific manner.