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RSA 486:6 · Retention of Funds

Title: L: WATER MANAGEMENT AND PROTECTION
Chapter: 486 · AID TO MUNICIPALITIES FOR WATER POLLUTION CONTROL
Status: current
Official source linked: Yes

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486:6 Retention of Funds. –

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The grantee shall retain an amount of the revenues derived from the payment of costs by industrial users of waste treatment services, to the extent costs are attributable to the federal share of eligible project costs provided pursuant to this chapter as determined by the department, equal to:

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(a)

The amount of the nonfederal cost of the project paid by the grantee; plus

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(b)

The amount determined in accordance with rules adopted by the commissioner, pursuant to RSA 541-A, which is necessary for future expansion and reconstruction of the project, except that the retained amount shall not exceed 50 percent of the revenues from the project.

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II.

That portion of revenues retained by the grantee attributable to paragraph I(b), together with any interest on that portion, shall be used solely for the purposes of future construction, expansion, and reconstruction of any treatment works within the grantee's jurisdiction. Source. 1989, 339:1. 1996, 228:106, 110, eff. July 1, 1996.

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Source note

Source. 1989, 339:1. 1996, 228:106, 110, eff. July 1, 1996.

Source history

1989, 339:1
1996, 228:106, 110, eff. July 1, 1996

Related materials

Bill relationships

2026 HB1461 amend
ommissioner shall adopt rules, pursuant to RSA 541-A, to implement this paragraph. 2 New Sections; Sewerage and Waste Disposal Systems; Intermunicipal Sewer Extensions. Amend RSA 486 by inserting after section 11 the following new sections: 486:11-a Intermunicipal Sewer Extensions. I. The department of environmental services shall establish an expedited review process for applications to ext
2026 HB1461-FN-L amend
ommissioner shall adopt rules, pursuant to RSA 541-A, to implement this paragraph. 2 New Sections; Sewerage and Waste Disposal Systems; Intermunicipal Sewer Extensions. Amend RSA 486 by inserting after section 11 the following new sections: 486:11-a Intermunicipal Sewer Extensions. I. The department of environmental services shall establish an expedited review process for applications to ext
2026 HB97 reference · effective 2025-07-01
of $15,000,000 for the fiscal year ending June 30, 2026 and $15,000,000 for the fiscal year ending June 30, 2027, which shall be nonlapsing, for the purpose of funding wastewater projects approved pursuant to RSA 486 on or before June 30, 2026. The governor is authorized to draw a warrant for said sums out of any money in the treasury not otherwise appropriated. 2 Effective Date. This act shall take effect July 1, 2025. LB
2026 HB97-FN reference
year ending June 30, 2026 and $15,000,000 for the fiscal year ending June 30, 2027, which shall be nonlapsing, for the purpose of funding wastewater projects approved pursuant to RSA 486 on or before June 30, 2026. The governor is authorized to draw a warrant for said sums out of any money in the treasury not otherwise appropriated. 2 Effective Date. This act shall take effect July 1, 2025. LBA
2025 HB2 reference
shall be nonlapsing, for the purpose of making payments to communities for projects that have previously been awarded state aid grant funding for eligible and completed wastewater infrastructure projects, per RSA 486, as approved by the governor and executive council. Any remaining funds not used for making payments on existing grants may be used to award new grants. The governor is authorized to draw a warrant for said su