CHAPTER 116
HB 1313 – FINAL VERSION
05Mar2008… 0529h
04/24/08 1498s
2008 SESSION
10/09
HOUSE BILL 1313
AN ACT relative to voting by the chairman of the retirement system board of trustees.
SPONSORS: Rep. P. McMahon, Merr 3; Sen. Janeway, Dist 7
COMMITTEE: Executive Departments and Administration
This bill clarifies the authority of the chairman of the retirement system board of trustees to vote in matters before the board.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
05Mar2008… 0529h
04/24/08 1498s
08-2505
10/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eight
AN ACT relative to voting by the chairman of the retirement system board of trustees.
Be it Enacted by the Senate and House of Representatives in General Court convened:
116:1 Retirement System; Board of Trustees; Chairman; Voting. Amend RSA 100-A:14, IV to read as follows:
IV. Each trustee including the chairman shall be entitled to one vote in the board of trustees[, provided, however, that the chairman shall be non-voting except in the event of a tie vote]. Seven trustees shall constitute a quorum for the transaction of any business of the board of trustees. Seven votes shall be necessary for any resolution or action by the board at any meeting.
116:2 Effective Date. This act shall take effect July 1, 2008.
Approved: June 3, 2008
Effective Date: July 1, 2008