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HOUSE DOCKET, NO. 2272 FILED ON: 1/15/2025
HOUSE . . . . . . . . . . . . . . . No. 3875
The Commonwealth of Massachusetts
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PRESENTED BY:
Sean Reid
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act relative to the establishment of a veterans research trust fund.
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PETITION OF:
NAME:DISTRICT/ADDRESS :DATE ADDED:Sean Reid11th Essex1/15/2025 1 of 1
HOUSE DOCKET, NO. 2272 FILED ON: 1/15/2025
HOUSE . . . . . . . . . . . . . . . No. 3875
By Representative Reid of Lynn, a petition (accompanied by bill, House, No. 3875) of Sean Reid
relative to the establishment of a veterans research trust fund. Veterans and Federal Affairs.
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Fourth General Court
(2025-2026)
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An Act relative to the establishment of a veterans research trust fund.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
of the same, as follows:
1 Chapter 115 of the General Laws is hereby amended by adding the following section:-
2 Section 18. (a) There shall be a Veterans Research Trust Fund to be expended, without
3further appropriation, by the commission established in this section. The fund shall consist of: (i)
4monies received under subsection (b) of section 14 of chapter 94G; (ii) money transferred to the
5fund by the general court and specifically designated to be credited to the fund; (iii) funds from
6public and private sources, including, but not limited to, gifts, grants and donations; and (iv)
7interest earned on such money. Amounts credited to the fund that are unexpended at the end of a
8fiscal year shall not revert to the General Fund. The commission shall use money from the fund
9for the research of veterans’ issues and its members’ individual operational costs as a base
10amount at the beginning of each Fiscal Year. The commission’s operation costs shall not exceed
1110 per cent of the money it expends in a fiscal year.