Bill Text - HB403 (2009)

Clarifying the intent of a transfer of general funds to the highway fund.


Revision: Jan. 16, 2009, midnight

2009 SESSION

09-0260

05/01

HOUSE BILL 403

AN ACT clarifying the intent of a transfer of general funds to the highway fund.

SPONSORS: Rep. Bouchard, Merr 11; Rep. Campbell, Hills 24; Rep. M. Smith, Straf 7; Rep. Graham, Hills 18; Rep. Rausch, Rock 5; Sen. Hassan, Dist 23; Sen. Letourneau, Dist 19; Sen. Janeway, Dist 7; Sen. Gallus, Dist 1

COMMITTEE: Public Works and Highways

ANALYSIS

This bill clarifies that the purpose of a transfer of general funds to the highway fund made in the FY 2008-2009 operating budget was to provide state matching funds for the purchase and operating costs of buses as part of the Interstate 93 corridor construction project.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

09-0260

05/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nine

AN ACT clarifying the intent of a transfer of general funds to the highway fund.

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

1 General Fund; Transfer to Highway Fund. In accordance with footnote 26 in the FY 2008-2009 operating budget, 2007, 262:26, the commissioner of administrative services is required to transfer $6,750,000 from the general fund to the highway fund on January 1, 2008 and January 1, 2009. The intent of the transfers is, in part, to provide the entire state match of $2,008,000 for federal funds received for the purchase of buses and 3 years of operating costs of bus service in the Interstate 93 corridor as submitted by the department of transportation and approved by the Federal Highway Administration in its record of decision dated April 28, 2004, for construction of the Interstate 93 widening project.

2 Effective Date. This act shall take effect upon its passage.