HB1485 (2008) Detail

Relative to state reimbursement under the housing security guarantee program.


CHAPTER 81

HB 1485 – FINAL VERSION

2008 SESSION

08-2532

05/01

HOUSE BILL 1485

AN ACT relative to state reimbursement under the housing security guarantee program.

SPONSORS: Rep. Wallner, Merr 12; Rep. M. Smith, Straf 7; Sen. D'Allesandro, Dist 20

COMMITTEE: Finance

ANALYSIS

This bill provides that the state treasurer shall reimburse the department of health and human services for payments under the housing security guarantee program. Under current law, such reimbursement is limited to the end of the fiscal year.

This bill is a request of the department of health and human services.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

08-2532

05/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eight

AN ACT relative to state reimbursement under the housing security guarantee program.

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

81:1 Administration of Housing Security Guarantee Program. Amend RSA 126-A:53, I-a to read as follows:

I-a. The department shall make payments either directly to the landlord or through the local housing security provider to the extent of the state’s obligation under the terms of the guarantee certificates. The department shall be subrogated to the landlord’s right title and interest in any amounts received pursuant to the lease or rental agreement. [At the end of each fiscal year,] The state treasurer shall reimburse the department for these amounts from funds not otherwise appropriated. The governor is hereby authorized to draw a warrant from funds not otherwise appropriated for the purposes of this subdivision.

81:2 Effective Date. This act shall take effect 60 days after its passage.

Approved: May 21, 2008

Effective Date: July 20, 2008