CA AB1739

Authorizes the administrator of a Veterans' Home to enter into agreements with an allied council that allow the council to operate facilities and activities funded by the Morale, Welfare, and Recreation Fund

Maintains existing restrictions on the Morale, Welfare, and Recreation Fund, prohibiting expenditures for medical treatments, physical plant maintenance, or activities unrelated to veterans' morale, welfare, or recreation

Requires the administrator to submit annual itemized expenditure reports by August 20 to the Secretary, legislative fiscal committees, veterans affairs committees, and the Veterans' Home Allied Council

Establishes a $2,000,000 reserve for the Morale, Welfare, and Recreation Fund at the Yountville Veterans' Home to be invested in securities with approval from the advisory committee and administrator

Specifies that agreements with allied councils must follow the form and manner established by the administrator