HB326 (2009) Detail

Relative to certain municipal revolving funds.


HB 326 – AS INTRODUCED

2009 SESSION

09-0640

06/03

HOUSE BILL 326

AN ACT relative to certain municipal revolving funds.

SPONSORS: Rep. W. D. Scamman, Rock 13

COMMITTEE: Municipal and County Government

ANALYSIS

This bill adds to the purposes for which a municipal revolving fund may be established.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

09-0640

06/03

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nine

AN ACT relative to certain municipal revolving funds.

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

1 Revolving Funds. Amend RSA 31:95-h, I(d) and (e) to read as follows:

(d) Creating affordable housing and facilitating transactions relative thereto; [or]

(e) Providing cable access for public, educational, or governmental use; or

(f) Facilitating the raising and dispersing of funds through volunteer activities in support of the membership of a municipal firefighting organization and other fire department related purposes.

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