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RSA 9:16-c · Transfer of Federal Grant Funds
9:16-c Transfer of Federal Grant Funds. –
Copy linkIn order to maximize the use of federal grant funds and to avoid lapsing such funds where changes in the state or federal accounting systems, changes in federal grant guidelines, or overestimation or underestimation of funds required in various class codes due to program needs or requirements have occurred subsequent to the passage of the budget, every department as defined in RSA 9:1 may, subject to the prior approval of the fiscal committee of the general court and the approval of governor and council, transfer funds in or out of any class code and to create new class codes within federally funded areas of the department's operating budget if such transfers do not result in an over-expenditure of any grant.
Copy linkIn order to maximize the use of federal grant funds and not lapse such funds, every department as defined in RSA 9:1 may, subject to the approval of the commissioner of the department of administrative services, carry forward into future state fiscal years any budgeted appropriation balances in class from federal grants for the duration of the federal grant award. Source. 2012, 192:7, eff. July 1, 2012.
Copy linkSource note
Source. 2012, 192:7, eff. July 1, 2012.
Source history
- 2012, 192:7, eff. July 1, 2012
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prior approval of the fiscal committee of the general court. 141:416 New Hampshire Veterans' Home; Transfer Between and Among Accounts and Classes. Notwithstanding the provisions of RSA 9:16-a, RSA 9:16-b, and RSA 9:16-c, for the biennium ending June 30, 2027, the commandant of the New Hampshire veterans' home is authorized to transfer funds between and among all accounting units and expenditure classes within the home and to