SB181 (2005) Detail

Making an appropriation to the postsecondary education commission for the purpose of the New Hampshire incentive program.


SB 181-FN-A – AS INTRODUCED

2005 SESSION

05-0836

04/10

SENATE BILL 181-FN-A

AN ACT making an appropriation to the postsecondary education commission for the purpose of the New Hampshire incentive program.

SPONSORS: Sen. Odell, Dist 8; Sen. D'Allesandro, Dist 20; Sen. Larsen, Dist 15; Sen. Johnson, Dist 2; Sen. Fuller Clark, Dist 24; Rep. Alger, Graf 6; Rep. Nordgren, Graf 9

COMMITTEE: Finance

ANALYSIS

This bill makes an appropriation of $3,100,000 for the fiscal year ending June 30, 2006 and $3,100,000 for the fiscal year ending June 30, 2007 to the postsecondary education commission for the purpose of funding grants under the New Hampshire incentive program.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

05-0836

04/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Five

AN ACT making an appropriation to the postsecondary education commission for the purpose of the New Hampshire incentive program.

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

1 Postsecondary Education Commission; Appropriation for New Hampshire Incentive Program Grants. The sum of $3,100,000 for the fiscal year ending June 30, 2006 and the sum of $3,100,000 for the fiscal year ending June 30, 2007 are hereby appropriated to the postsecondary education commission for the purpose of funding grants for the benefit of residents of the state under the New Hampshire incentive program established in RSA 188-D:10. Such sums shall be in addition to any other sums appropriated to the postsecondary education commission for the New Hampshire incentive program. 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, 2005.

LBAO

05-0836

01/03/05

SB 181-FN-A - FISCAL NOTE

AN ACT making an appropriation to the postsecondary education commission for the purpose of the New Hampshire incentive program.

FISCAL IMPACT:

The Postsecondary Education Commission indicates this bill will increase state general fund expenditures by $3,100,000 in FY 2006 and by $3,100,000 in FY 2007. There will be no fiscal impact to state, county and local revenue or county and local expenditures.

This bill appropriates $3,100,000 in general funds per year to the Postsecondary Education Commission in FY 2006 and FY 2007 for the purposes of this act.

METHODOLOGY:

The Commission states this bill will increase state general fund expenditures for additional incentive grants paid to students in an amount equal to the appropriation of $3,100,000 each year.

Links

SB181 at GenCourtMobile

Action Dates

Date Body Type

Bill Text Revisions

SB181 Revision: 9234 Date: Jan. 21, 2010, midnight

Docket