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 legislation emphasizes the importance of addressing veteran suicide through public awareness campaigns and provides a structured way for the DMVA to secure financial support for these initiatives. The act is set to take effect immediately upon passage.