CHAPTER 35
HB 1370 – FINAL VERSION
2006 SESSION
05/10
HOUSE BILL 1370
AN ACT transferring certain surplus moneys to the revenue stabilization reserve account.
SPONSORS: Rep. Major, Rock 8; Rep. O'Neil, Rock 15; Rep. King, Coos 1; Rep. Whalley, Belk 5; Rep. Kurk, Hills 7; Sen. Morse, Dist 22; Sen. Clegg, Dist 14; Sen. D'Allesandro, Dist 20; Sen. Barnes, Dist 17; Sen. Eaton, Dist 10
This bill transfers any undesignated, general fund surplus from the last fiscal year to the revenue stabilization reserve account.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
06-2469
05/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Six
AN ACT transferring certain surplus moneys to the revenue stabilization reserve account.
Be it Enacted by the Senate and House of Representatives in General Court convened:
35:1 Transfer of Surplus to Revenue Stabilization Reserve Account. Notwithstanding the provisions of 2005, 177:53, any undesignated, general fund surplus for the fiscal year ending June 30, 2005, in excess of $30,500,000 shall be transferred to the revenue stabilization reserve account, under RSA 9:13-e.
35:2 Effective Date. This act shall take effect upon its passage.
Approved: April 4, 2006
Effective: April 4, 2006