Bill Text: NH SB38 | 2017 | Regular Session | Introduced
Bill Title: Making an appropriation to the department of transportation for local highway aid and aid for municipal bridges, relative to distribution of highway aid, and relative to red list bridges.
Spectrum: Slight Partisan Bill (Republican 5-2)
Status: (Passed) 2017-07-12 - II. Remainder Effective 07/11/2017 [SB38 Detail]
Download: New_Hampshire-2017-SB38-Introduced.html
SB 38-FN - AS INTRODUCED
2017 SESSION
17-0130
06/01
SENATE BILL 38-FN
AN ACT transferring moneys from the revenue stabilization reserve account to the highway and bridge betterment account.
SPONSORS: Sen. Morse, Dist 22; Sen. Bradley, Dist 3; Sen. Reagan, Dist 17; Sen. Daniels, Dist 11; Sen. D'Allesandro, Dist 20; Sen. Giuda, Dist 2; Sen. Feltes, Dist 15
COMMITTEE: Finance
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ANALYSIS
This bill authorizes the state treasurer to transfer $1 from the revenue stabilization reserve account to the highway and bridge betterment account.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
17-0130
06/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seventeen
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 State Treasurer; Revenue Stabilization Reserve Account; Transfer of Funds Authorized. Notwithstanding any provision of law to the contrary, for the biennium ending June 30, 2019, after the requirements of RSA 9:13-e, II-IV have been met and the balance in the revenue stabilization reserve account is in excess of the cap specified in RSA 9:13-e, IV, the state treasurer shall transfer $1 from the revenue stabilization reserve account to the highway and bridge betterment account.
2 Effective Date. This act shall take effect July 1, 2017.
17-0130
1/6/17
SB 38-FN- FISCAL NOTE
AS INTRODUCED
FISCAL IMPACT:
The Legislative Budget Assistant has determined that this legislation has a total fiscal impact of less than $10,000 in each of the fiscal years 2018 through 2021.
AGENCIES CONTACTED:
Treasury Department
