HB223 (2009) Detail

(New Title) changing the effective date for the implementation of the retirement system employer assessments for excess benefits.


CHAPTER 4

HB 223-FN-LOCAL – FINAL VERSION

18Feb2009… 0289h

2009 SESSION

09-0376

10/09

HOUSE BILL 223-FN-LOCAL

AN ACT changing the effective date for the implementation of the retirement system employer assessments for excess benefits.

SPONSORS: Rep. P. McMahon, Merr 3; Sen. Fuller Clark, Dist 24

COMMITTEE: Executive Departments and Administration

AMENDED ANALYSIS

This bill delays the effective date for the assessment of the retirement system employer assessments for excess benefits under RSA 100-A:16, III-a, and allows the commissioner of revenue administration to remove appropriations for excess benefit costs from the 2009 property tax rate computation of a town or city.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18Feb2009… 0289h

09-0376

10/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nine

AN ACT changing the effective date for the implementation of the retirement system employer assessments for excess benefits.

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

4:1 Employer Assessments for Excess Benefits; Change to Effective Date. Amend 2008, 300:35 to read as follows:

300:35 Effective Date.

I. Sections 9-12, and 14 of this act shall take effect July 1, 2009.

II. [Sections 1, 33, and 34] Section 1 of this act shall take effect 60 days after its passage.

III. Sections 2-4, 15, and RSA 100-A:14-a as inserted by section 17 of this act, and RSA 100-A:15, I, III, IV, V, VIII, and X as inserted by section 18 of this act shall take effect July 1, 2008.

IV. Section 16 of this act shall take effect July 1, 2008 at 12:01 a.m.

V. RSA 100-A:14-b as inserted by section 17 of this act and RSA 100-A:15, II, II-a, VI, VII, and IX as inserted by section 18 of this act shall take effect January 1, 2009.

VI. Sections 19 and 20 of this act shall take effect June 30, 2008.

VII. Sections 33 and 34 of this act shall take effect July 1, 2010.

VIII. The remainder of this act shall take effect upon its passage.

4:2 Commissioner of Revenue Administration; Tax Rates. For the 2009 property tax rate computation pursuant to RSA 21-J:35, upon written request of the governing body, the commissioner of the department of revenue administration shall remove any appropriation that was in the adopted budget to fund the provisions of RSA 100-A:16, III-a.

4:3 Effective Date. This act shall take effect August 29, 2008.

Approved: April 13, 2009

Effective Date: August 29, 2008