The proposed legislation, General Assembly Raised Bill No. 7124, aims to establish a dedicated account within the Department of Veterans' Affairs known as the "nonprofit veterans' organizations continuing education account." This account will be a separate, nonlapsing fund within the General Fund, containing moneys required by law to be deposited. The funds will be utilized by the Commissioner of Veterans Affairs to support nonprofit veterans' organizations, including municipal veterans advisory committees and representatives, in providing mental health assistance and training initiatives focused on suicide prevention. Specifically, the bill highlights the importance of programs like the "Question, Persuade and Refer (QPR) Institute Gatekeeper Training."

Additionally, the bill mandates that by August 1, 2026, and annually thereafter, the Commissioner of Veterans Affairs must report to the Secretary of the Office of Policy and Management regarding the account's deposits and expenditures from the previous fiscal year. The act is set to take effect on July 1, 2025, and introduces new legal language to facilitate these provisions while deleting any outdated references as indicated in the bill text. The overall purpose of the bill is to enhance education and training related to suicide prevention for veterans through nonprofit organizations.