This bill allows the Department of Military and Veterans Affairs (DMVA) to accept voluntary contributions in the form of gifts, grants, or donations from both public and private sectors specifically for funding public service announcements aimed at preventing veteran suicide. The funds collected will be deposited into a special nonlapsing fund managed by the State Treasurer, ensuring that the money is dedicated solely to this purpose.

The act is designed to enhance the resources available for veteran suicide prevention efforts through targeted public service announcements. It emphasizes the importance of community support in addressing this critical issue and aims to create a sustainable funding mechanism for ongoing awareness and prevention initiatives. The bill is set to take effect immediately upon passage.