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SB392: relative to lead paint hazard remediation.

Bill details

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

Sponsors

Topics

Public finance

Official links

SB 392-FN-A - AS INTRODUCED

2024 SESSION

24-2962

08/05

SENATE BILL 392-FN-A

AN ACT relative to lead paint hazard remediation.


ANALYSIS

This bill makes an appropriation to the lead paint hazard remediation 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

24-2962

08/05

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty Four

AN ACT relative to lead paint hazard remediation.

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

1 Appropriation. The sum of $3,000,000 for the biennium ending June 30, 2025 is hereby appropriated to the housing finance authority for the purpose of funding the lead paint hazard remediation fund established in RSA 204-C:89. The governor's office for emergency relief and recovery shall determine by September 1, 2024, if any discretionary funds appropriated in the American Rescue Plan Act of 2021, Public Law 117-2, are available for this purpose. In making this determination, the office shall consider unallocated funds, as well as any funds which have been previously allocated by the governor but which have not been expended. If the office determines such funds are available, the housing finance authority may expend such funds for the purposes of RSA 204-C. The remainder shall be appropriated from the drinking water and groundwater trust fund established in RSA 6-D.

2 Effective Date. This act shall take effect July 1, 2024.

LBA

24-2962

11/29/23

SB 392-FN-A- FISCAL NOTE

AS INTRODUCED

AN ACT relative to lead paint hazard remediation.

FISCAL IMPACT: [ X ] State [ ] County [ ] Local [ ] None

Estimated State Impact - Increase / (Decrease)

FY 2024

FY 2025

FY 2026

FY 2027

Revenue

$0

$0

$0

$0

Revenue Fund(s)

None

Expenditures

$0

$3,000,000

$0

$0

Funding Source(s)

ARPA - Federal Funds

Drinking Water and Groundwater Trust Fund

Appropriations

$0

$3,000,000

$0

$0

Funding Source(s)

Lead Paint Hazard Remediation Fund

• Does this bill provide sufficient funding to cover estimated expenditures? [X] N/A

• Does this bill authorize new positions to implement this bill? [X] N/A

METHODOLOGY:

This bill appropriates $3,000,000, for the biennium ending June 30, 2025, to the Housing Finance Authority for the purpose of funding the Lead Paint Hazard Reduction Fund established in RSA 204-C:89. The funding will come from different sources: possibly from the American Rescue Plan Act of 2021 (ARPA). The ARPA funds may be unallocated funds or funds designated by the Governor that have not been expended. By September 1, 2024, the Governor's Office of Emergency Relief and Recovery will determine if these funds are available for this purpose. If the full amount isn't available, the funds will come from the Drinking Water and Groundwater Trust Fund established in RSA 6-D.

AGENCIES CONTACTED:

None