HB1267 (2006) Detail

Establishing a committee to study the use of money in dedicated funds.


HB 1267 – AS INTRODUCED

2006 SESSION

06-2100

05/09

HOUSE BILL 1267

AN ACT establishing a committee to study the use of money in dedicated funds.

SPONSORS: Rep. Klose, Merr 8

COMMITTEE: Finance

ANALYSIS

This bill establishes a committee to study the use of money in dedicated funds.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

06-2100

05/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Six

AN ACT establishing a committee to study the use of money in dedicated funds.

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

1 Committee Established. There is established a committee to study the use of money in dedicated funds, including those funds identified in RSA 6:12, I(b).

2 Membership and Compensation.

I. The members of the committee shall be as follows:

(a) Three members of the house of representatives, appointed by the speaker of the house of representatives.

(b) Three members of the senate, appointed by the president of the senate.

II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.

3 Duties. The committee shall study the use of dedicated funds, including those identified in RSA 6:12, I(b) and any other account in which funds are held separately from the general fund and are used for a specific, legally defined purpose. The committee shall assess the degree to which such money is used for unauthorized purposes and shall consider appropriate remedies in such cases.

4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the first-named house member. The first meeting of the committee shall be held within 45 days of the effective date of this section. Four members of the committee shall constitute a quorum.

5 Report. The committee shall report its findings and any recommendations for proposed legislation to the speaker of the house of representatives, the president of the senate, the house clerk, the senate clerk, the governor, and the state library on or before November 1, 2006.

6 Effective Date. This act shall take effect upon its passage.