(a) Prior to July 1, 2005, the Treasurer is directed to hold the fund known as the posthumous fund of Fitch's Home for the Soldiers in trust, to credit the income from said fund to the Department of Veterans Affairs to be used for the welfare and entertainment of the residents or patients of the Veterans Residential Services facility or Healthcare Center, as those terms are defined in subsection (b) of section 27-103, or any other home established by the state for the care of veterans and to pay from the principal thereof any claim which may be lawfully established against the same.

(b) Effective July 1, 2005, the Treasurer shall consolidate the posthumous fund of Fitch's Home for the Soldiers and the Fitch Fund. The name of the consolidated fund shall be the Fitch Fund. On and after July 1, 2005, the Treasurer shall hold the Fitch Fund in trust, to credit the income from said fund to the Department of Veterans Affairs to be used for the welfare and entertainment of the residents or patients of the Veterans Residential Services facility or Healthcare Center or any other home established by the state for the care of veterans and to pay from the principal thereof any claim that may be lawfully established against said fund.

(1949 Rev., S. 129; 1971, P.A. 105, S. 1; P.A. 88-285, S. 29, 35; P.A. 04-169, S. 1; P.A. 05-51, S. 1; P.A. 06-196, S. 25; P.A. 16-167, S. 10; P.A. 18-72, S. 2.)

History: 1971 act substituted “patients” for “inmates”; P.A. 88-285 required the income from the fund to be credited to the department of veterans' affairs, where formerly income was paid to the veterans' home and hospital commission; P.A. 04-169 made a technical change and changed the name of the Veterans' Home and Hospital to the Veterans' Home, effective June 1, 2004; P.A. 05-51 designated existing section as Subsec. (a) and made it applicable prior to July 1, 2005, and added new Subsec. (b) providing for the consolidation of the posthumous fund of Fitch's Home for the Soldiers with the Fitch Fund, named the fund the Fitch Fund, and provided that the income from the fund be credited to the Department of Veterans' Affairs for the welfare and entertainment of the residents of the Veterans' Home or other home established by the state for the care of veterans, and further provided that claims against the fund be paid from the principal, effective July 1, 2005; P.A. 06-196 made technical changes, effective June 7, 2006; P.A. 16-167 replaced “Department of Veterans' Affairs” with “Department of Veterans Affairs” and replaced “Veterans' Home” with “Veterans Residential Services facility”, effective July 1, 2016; P.A. 18-72 amended Subsecs. (a) and (b) to replace “patients” with “residents or patients” and to add reference to Healthcare Center.