HB1207: relative to public filing of bonds for public employees.

HB 1207 - AS INTRODUCED

2018 SESSION

18-2018

04/03

HOUSE BILL HB 1207

AN ACT relative to public filing of bonds for public employees.

SPONSORS: Rep. Brewster, Merr. 21

COMMITTEE: Executive Departments and Administration

ANALYSIS

This bill requires all bonds to be filed with the department of administrative services and at the state library.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18-2018

04/03

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eighteen

AN ACT relative to public filing of bonds for public employees.

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

1 Officials and Employees Bonds; When Required. Amend RSA 93-B:1 to read as follows:

93-B:1 When Required.

I. Officials and employees of all departments and agencies of the state shall be bonded by means of a blanket undertaking or undertakings from any duly authorized corporate surety, such blanket undertaking or undertakings to indemnify against losses through one or both of the following conditions:

[I.] (a) Through the failure of the officers, clerks and employees covered thereunder faithfully to perform their duties or to account properly for all moneys or property received by virtue of their positions or employment, or

[II.] (b) Through fraudulent or dishonest acts committed by the officers, clerks, and employees covered thereunder.

II. All bonds shall be filed with the department of administrative services, division of procurement and support services, and at the state library.

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