HB 1656-FN-A – AS AMENDED BY THE SENATE
22Feb2006… 0629h
05/03/06 2031s
2006 SESSION
06/01
HOUSE BILL 1656-FN-A
AN ACT establishing a turnpike electronic toll collection transponder inventory revolving account.
SPONSORS: Rep. Graham, Hills 18; Rep. Cloutier, Sull 4; Rep. F. Tilton, Belk 4; Rep. Waterhouse, Rock 4; Rep. Gionet, Graf 3; Sen. Morse, Dist 22; Sen. Hassan, Dist 23
This bill establishes the turnpike electronic toll collection transponder inventory revolving account in the department of transportation for the purchase and sale of transponders for use in the regional electronic toll collection system.
This bill permits the use of tokens as payment of tolls for 6 months.
This bill is a request of the department of transportation.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
22Feb2006… 0629h
05/03/06 2031s
06-2253
06/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Six
AN ACT establishing a turnpike electronic toll collection transponder inventory revolving account.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Turnpike Electronic Toll Collection Transponder Inventory Revolving Account. Amend RSA 228 by inserting after section 24-c the following new section:
228:24-d Turnpike Electronic Toll Collection Transponder Inventory Revolving Account. There is hereby established a turnpike electronic toll collection transponder inventory revolving account not to exceed $1,000,000. The commissioner of transportation may purchase, through the Interagency Group, such electronic toll collection transponders as may be necessary for the operation of the department, which shall be a charge against the account. Any costs to the department above and beyond the cost of the transponders shall be charged to the purchaser. All sales of electronic toll collection transponders from inventory shall be credited to the account and are hereby appropriated to the department of transportation and made available for expenditures from the account.
2 New Subparagraph; Turnpike Electronic Toll Collection Transponder Inventory Revolving Account. Amend RSA 6:12, I(b) by inserting after subparagraph (242) the following new subparagraph:
(243) Moneys received pursuant to RSA 228:24-d which shall be credited to the turnpike electronic toll collection transponder inventory revolving account in RSA 228:24-d.
3 New Section; Use of Tokens. Tokens sold by the department of transportation prior to September 1, 2005, may be used in payment of tolls for 6 months on or after July 1, 2006. The cash value of each token shall be $.125. The commissioner shall adopt rules, pursuant to RSA 541-A, relative to the redemption of such tokens.
4 Effective Date. This act shall take effect July 1, 2006.
LBAO
06-2253
Amended 2/27/06
HB 1656 FISCAL NOTE
AN ACT establishing an electronic toll collection transponder inventory fund.
FISCAL IMPACT:
The Department of Transportation indicates this bill, as amended by the House (Amendment #2006-0629h), will increase state restricted turnpike fund expenditures, restricted transponder inventory fund revenue and restricted transponder inventory fund expenditures by an interminable amount in FY 2007 and each year thereafter. There will be no fiscal impact on county and local revenue or expenditures.
METHODOLOGY:
The Department of Transportation (DOT) states this bill establishes an electronic toll collection revolving transponder inventory fund not to exceed $1,000,000 in DOT for the purchase and sale of transponders. This bill will increase turnpike fund expenditures to initially provide money for the inventory fund. The inventory revenue and expenditures will increase as transponders are sold to the public and new inventory is purchased. DOT did not estimate the number of transponder sales or purchases.