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HB654: (New Title) relative to the dam maintenance revolving fund.

Bill status: Signed by Governor

Citation
2009 HB654
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 Ways and Means
Hearing
05/05/2009 at 10:55 AM
Selected version
Current official bill text

Sponsors

Topics

Taxation Public finance

Official links

CHAPTER 110

HB 654-FN – FINAL VERSION

04Mar2009… 0047h

2009 SESSION

09-0662

06/10

HOUSE BILL 654-FN

AN ACT relative to the dam maintenance revolving fund.

SPONSORS: Rep. Hinkle, Hills 19

COMMITTEE: Local and Regulated Revenues

AMENDED ANALYSIS

This bill describes the revenues which are to be deposited in the dam maintenance revolving fund.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

04Mar2009… 0047h

09-0662

06/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nine

AN ACT relative to the dam maintenance revolving fund.

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

110:1 New Paragraph; Dam Maintenance Revolving Loan Fund; Sources of Funding. Amend RSA 482:55-a by inserting after paragraph II the following new paragraph:

III. Sources of revenue that may be accepted by the dam maintenance revolving loan fund include:

(a) Any funds that may be appropriated from the general fund.

(b) Principal and interest received from the repayment of loans made from the fund.

(c) Grants and awards made to the state by the federal government for the purpose for which the fund was established.

(d) Interest earned from the investment of fund balances.

(e) Private gifts, bequests, and donations made to the state for the purpose for which the fund was established.

(f) Any other funds from any public or private source intended to be used for the purpose for which the fund was established.

110:2 Effective Date. This act shall take effect 60 days after its passage.

Approved: June 15, 2009

Effective Date: August 14, 2009