Revision: Dec. 23, 2011, midnight
SB 294-FN – AS INTRODUCED
2012 SESSION
05/10
SENATE BILL 294-FN
AN ACT relative to dedicated funds administered by the department of labor, department of environmental services, banking department, and secretary of state.
SPONSORS: Sen. Sanborn, Dist 7; Sen. De Blois, Dist 18; Sen. Forsythe, Dist 4; Sen. Gallus, Dist 1; Sen. Groen, Dist 6; Sen. Lambert, Dist 13; Sen. Luther, Dist 12; Sen. White, Dist 9; Rep. O'Brien, Hills 4; Rep. Bettencourt, Rock 4
This bill requires that revenue from dedicated funds administered by the department of labor, department of environmental services, banking department, and secretary of state bureau of securities regulation be deposited into the general fund beginning July 1, 2013. The bill requires dedicated funds in these departments to be eliminated on June 30, 2015.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
12-2870
05/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twelve
AN ACT relative to dedicated funds administered by the department of labor, department of environmental services, banking department, and secretary of state.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Dedicated Fund Revenues to be Deposited Into General Fund. Notwithstanding the provisions of RSA 6:12 and any other provision of law, all revenue required by statute to be deposited in the dedicated funds listed in RSA 6:12, I(b) and administered by the department of labor, the department of environmental services, the banking department, or the department of state, bureau of securities regulation shall be deposited in the general fund beginning July 1, 2013.
2 Dedicated Funds; Expiration Date. All dedicated funds listed in RSA 6:12, I(b) and administered by the department of labor, the department of environmental services, the banking department, and the department of state, bureau of securities regulation shall expire on June 30, 2015. The moneys in each dedicated fund which expires shall lapse to the general fund.
3 Effective Date. This act shall take effect 60 days after its passage.
LBAO
12-2870
12/22/11
SB 294-FN - FISCAL NOTE
AN ACT relative to dedicated funds administered by the department of labor, department of environmental services, banking department, and secretary of state.
FISCAL IMPACT:
The Office of Legislative Budget Assistant is unable to complete a fiscal note for this bill as it is awaiting information from the Banking Department. When completed, the fiscal note will be forwarded to the Senate Clerk's Office.