A bill for an act relating to the veterans trust fund.

SSB 1050 adjusts how lottery funds support Iowa's veterans trust fund based on its balance. It raises the threshold for allocating interest and the first $500,000 from lottery revenues from $50 million to $75 million, directing these funds to the veterans commission for benefits. The bill removes previous requirements that would have distributed lottery funds to counties when the trust fund balance exceeded $50 million. This change affects how veterans' programs receive funding, with funds reverting to the trust if unspent. The bill focuses on concrete changes to the fund's allocation rules rather than new programs.