HB753 (2007) Detail

Relative to the electronic toll collection transponder inventory fund.


CHAPTER 102

HB 753-FN-A – FINAL VERSION

2007 SESSION

07-0838

06/01

HOUSE BILL 753-FN-A

AN ACT relative to the electronic toll collection transponder inventory fund.

SPONSORS: Rep. Graham, Hills 18; Rep. Waterhouse, Rock 4; Rep. Campbell, Hills 24; Rep. Ferland, Sull 5; Rep. Lerandeau, Ches 6; Sen. Kenney, Dist 3

COMMITTEE: Public Works and Highways

ANALYSIS

This bill establishes an electronic toll collection transponder inventory fund and permits the commissioner to purchase necessary transponders.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

07-0838

06/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Seven

AN ACT relative to the electronic toll collection transponder inventory fund.

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

102:1 New Section; Electronic Toll Collection Transponder Inventory Fund. Amend RSA 228 by inserting after section 24-c the following new section:

228:24-d Electronic Toll Collection Transponder Inventory Fund. There is hereby established an electronic toll collection transponder inventory fund not to exceed $1,000,000, which sum is hereby authorized as a revolving fund comprised of funds in the turnpike fund that are not otherwise appropriated. 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 fund. All sales of electronic toll collection transponders from inventory shall be credited to the inventory fund and are hereby appropriated to the department of transportation and made available for expenditures from the inventory fund.

102:2 Effective Date. This act shall take effect 60 days after its passage.

Approved: June 11, 2007

Effective: August 10, 2007