Revision: Jan. 21, 2010, midnight
CHAPTER 53
HB 216-FN – FINAL VERSION
9Feb2005… 0061h
2005 SESSION
10/01
HOUSE BILL 216-FN
AN ACT relative to the authority of the New Hampshire retirement system to purchase supplies and services.
COMMITTEE: Executive Departments and Administration
This bill allows the retirement system to be exempt from provisions on purchases of supplies administered by the department of administrative services.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
9Feb2005… 0061h
05-0479
10/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Five
AN ACT relative to the authority of the New Hampshire retirement system to purchase supplies and services.
Be it Enacted by the Senate and House of Representatives in General Court convened:
53:1 New Subparagraph; Administrative Services; Purchase of Supplies; Exemptions; Retirement System Added. Amend RSA 21-I:18, I by inserting after subparagraph (n) the following new subparagraph:
(o) The New Hampshire retirement system shall not be required to make any purchases through the director of plant and property management, unless it wishes to do so. If it does, the executive director shall be required to follow the provisions of this chapter. The retirement system shall make purchases under competitive bidding requirements except when waived by the executive director or his or her authorized agent upon written justification.
53:2 New Paragraph; Retirement System; Board of Trustees; Purchases and Acquisitions. Amend RSA 100-A:14 by inserting after paragraph V the following new paragraph:
V-a. The board of trustees shall have the power to purchase, receive, take by grant, gift, devise, bequest, or otherwise acquire, own, hold, improve, employ, use, and otherwise deal in and with property or any interest therein, whether tangible or intangible, for the purposes of this chapter.
53:3 Effective Date. This act shall take effect 60 days after its passage.
(Approved: May 23, 2005)
(Effective Date: July 22, 2005)