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2008 SESSION
082360228Be it enacted by the General Assembly of Virginia:
1. That §§ 2.2-2715 and 2.2-2716 of the Code of Virginia are amended and reenacted as follows:
§ 2.2-2715. Veterans Services Foundation; purpose; membership; terms; compensation; staff.
A. The Veterans Services Foundation (the Foundation) is
established to serve as an advisory foundation, within the meaning of §
2.2-2100, a body politic and corporate supporting the
Department of Veterans Services in the executive branch of state
government. The Foundation shall be governed and administered by a board of
trustees for the purpose of providing
funding for veteran services and programs in the
Commonwealth through the Veterans Services Fund (the Fund). The Foundation shall
(i) administer the Veterans Services Fund (the Fund),
(ii) provide funding for veterans services and programs
in the Commonwealth through the Fund, and
(iii) raise revenue from
all sources including private source fundraising to support
the Fund. The Foundation shall submit a
quarterly report to the Commissioner of Veterans Services on the Foundation's
funding levels and services.
B. The Foundation shall consist of the Commissioner of
Veterans Services and the Chairman Chairmen of
the Board of Veterans Services and the Joint Leadership Council, who
shall serve as ex officio voting members, and eight 16
nonlegislative citizens appointed by the Governor, subject to confirmation by
the General Assembly. A majority of the trustees shall be active or retired
chairmen, chief executive officers, or chief financial officers for large
private corporations or nonprofit organizations and have fundraising
experience in the private sector. Trustees appointed by the
Governor shall, insofar as possible, be veterans. The Governor shall endeavor to ensure a balanced geographical
representation on the Board to facilitate
fundraising efforts across the state.
Initial appointments by the Governor shall be staggered as
follows: two members for a term of one year, three members for a term of two
years, and three members for a term of four years. Thereafter, After
initial appointments, members shall be appointed for a term of
three years. Appointments to fill vacancies, other than by expiration of a
term, shall be for the unexpired terms. All members may be reappointed.
However, no member shall serve more than two consecutive three-year terms. The
remainder of any term to which a member is appointed to fill a vacancy shall
not constitute a term in determining the member's eligibility for
reappointment. Vacancies shall be filled in the same manner as the original
appointments. Any member of the Board of Trustees may be removed by the
Governor at his pleasure.
C. Trustees shall be reimbursed for their actual expenses incurred while attending meetings of the trustees or performing other duties. However, such reimbursement shall not exceed the per diem rate established for members of the General Assembly pursuant to § 30-19.12.
D. The Secretary of Public Safety shall designate a state agency to provide the Foundation with administrative and other services.
E. The trustees shall adopt bylaws governing their organization and procedures and may amend the same. The trustees shall elect from their number a chairman and such other officers as their bylaws may provide.
F. Any person designated by the board of trustees to handle the funds of the Foundation or the Fund shall give bond, with corporate surety, in a penalty fixed by the Governor, conditioned upon the faithful discharge of his duties. Any premium on the bond shall be paid from funds available to the Foundation.
§ 2.2-2716. Authority of Foundation.
The Foundation has the authority to:
1. Administer the Veterans Services Fund and make expenditures from the Fund to the Department of Veterans Services to provide supplemental funding for the Department's services and programs;
2. Accept, hold, and administer gifts and bequests of money, securities, or other property, absolutely or in trust, for the purposes for which the Foundation is created;
3. Enter into contracts and execute all instruments necessary and appropriate to carry out the Foundation's purposes;
4. Take such actions as may be reasonably necessary to seek, promote, and stimulate contributions for the Fund;
5. Make recommendations concerning Develop
other possible dedicated revenue sources for the Fund; and
6. Perform any lawful acts necessary or appropriate to carry out the purposes of the Foundation.
2. That the initial terms of the members of the board of trustees appointed by the Governor pursuant to this act shall be staggered as follows: (i) two members appointed to a term of four years, (ii) three members appointed to a term of three years, and (iii) three members appointed to a term of two years. Thereafter, the terms of members shall be three years.