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HB1370: transferring certain surplus moneys to the revenue stabilization reserve account.

Bill status: Signed by Governor

Citation
2006 HB1370
Official source

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

House status
Passed/Adopted
Senate status
Passed/Adopted
Committee
SENATE Finance
Hearing
03/15/2006 at 10:45 AM
Selected version
Current official bill text

Sponsors

Topics

Public finance

Official links

CHAPTER 35

HB 1370 – FINAL VERSION

2006 SESSION

06-2469

05/10

HOUSE BILL 1370

AN ACT transferring certain surplus moneys to the revenue stabilization reserve account.

SPONSORS: Rep. Major, Rock 8; Rep. O'Neil, Rock 15; Rep. King, Coos 1; Rep. Whalley, Belk 5; Rep. Kurk, Hills 7; Sen. Morse, Dist 22; Sen. Clegg, Dist 14; Sen. D'Allesandro, Dist 20; Sen. Barnes, Dist 17; Sen. Eaton, Dist 10

COMMITTEE: Finance

ANALYSIS

This bill transfers any undesignated, general fund surplus from the last fiscal year to the revenue stabilization reserve 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

06-2469

05/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Six

AN ACT transferring certain surplus moneys to the revenue stabilization reserve account.

Be it Enacted by the Senate and House of Representatives in General Court convened:

35:1 Transfer of Surplus to Revenue Stabilization Reserve Account. Notwithstanding the provisions of 2005, 177:53, any undesignated, general fund surplus for the fiscal year ending June 30, 2005, in excess of $30,500,000 shall be transferred to the revenue stabilization reserve account, under RSA 9:13-e.

35:2 Effective Date. This act shall take effect upon its passage.

Approved: April 4, 2006

Effective: April 4, 2006