Veterans: trust fund; veterans' trust fund act; modify, and remove period of war service requirement. Amends secs. 3b & 4b of 1946 (1st Ex Sess) PA 9 (MCL 35.603b & 35.604b). TIE BAR WITH: HB 5273'25

HB 5260 amends Michigan's Veterans' Trust Fund Act by removing the requirement that board members must be veterans. This change allows non-veterans to serve on the board while maintaining representation from major veterans' organizations (American Legion, Veterans of Foreign Wars, Disabled American Veterans) and three independent members who do not represent such groups. The board, which administers trust funds supporting Michigan veterans, would gain broader expertise in managing these resources. The bill is contingent on another bill (HB 5273) being enacted first.