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RSA 227-M:7 · Trust Fund Established; Administration

227-M:7 Trust Fund Established; Administration. –

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I.

There is established in the office of the state treasurer the trust fund for the New Hampshire land and community heritage investment program. Moneys in the fund and any interest earned on the fund shall be used for the purpose of this chapter and shall not be used for any other purpose. The trust fund shall be non-lapsing.

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II.

The state treasurer is instructed to invest the sums deposited in the fund in a prudent manner consistent with the purposes of this chapter. Interest earned on moneys in the fund shall accrue to the fund to the extent allowed under federal law.

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III.

No funds of any state agency shall be transferred to the trust fund without specific authorization from the general court. Federal funds accepted by the fiscal committee and governor and council for purposes similar to those of this chapter may be deposited in the trust fund. Source. 2000, 245:1, eff. June 8, 2000.

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Source note

Source. 2000, 245:1, eff. June 8, 2000.

Source history

  • 2000, 245:1, eff. June 8, 2000

Related materials

Bill relationships

  • 2026 HB1753 add

    y be provided through loans. Principal and interest paid on such loans shall be deposited in the land and community heritage investment program administrative fund established in RSA 227-M:7. Financial assistance may only be expended on eligible resources for the following purposes: (a) Ending veteran homelessness in New Hampshire; (b) Attracting and retaining veterans to New Hampshire; (c) Matching

  • 2026 HB1753-FN add

    y be provided through loans. Principal and interest paid on such loans shall be deposited in the land and community heritage investment program administrative fund established in RSA 227-M:7. Financial assistance may only be expended on eligible resources for the following purposes: (a) Ending veteran homelessness in New Hampshire; (b) Attracting and retaining veterans to New Hampshire; (c) Matching

  • 2025 HB260 repeal

    te on vehicles, during which the celebration is taking place. The funds and revenues raised under this section shall be deposited in the land and community heritage investment program administrative fund under RSA 227-M:7-a. The price for the plates shall be $25, and they shall be furnished by the department of safety. 126:2 Repeal. RSA 261:91-b, relative to the 250th anniversary of American Independence commemorative license pla