Veterans' homes: leases.

Existing law authorizes the Director of General Services to lease or let any real property held by the Department of Veterans Affairs for a home, and not needed for any direct or immediate purpose of the home, to any entity or person upon terms and conditions determined to be in the best interests of the home. Existing law generally requires moneys received in connection with the leasing or letting of a home to be deposited in the General Fund. This bill would create the Veterans' Home Fund. The bill would require moneys received in connection with the leasing or letting of a home to be deposited in the Veterans' Home Fund. The bill would provide that money in the fund is available, upon appropriation by the Legislature, for the maintenance of existing homes and for the acquisition or construction of new or replacement homes, as specified.