Bill Text - HB1487 (2016)

Permitting the town of Hampton to borrow money for capital projects from the Hampton Beach real estate trust fund.


Revision: Dec. 14, 2015, midnight

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HB 1487-LOCAL - AS INTRODUCED

 

2016 SESSION

\t16-2598

\t08/09

 

HOUSE BILL\t1487-LOCAL

 

AN ACT\tpermitting the town of Hampton to borrow money for capital projects from the Hampton real estate trust fund.

 

SPONSORS:\tRep. Cushing, Rock. 21

 

COMMITTEE:\tMunicipal and County Government

 

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ANALYSIS

 

\tThis bill allows the town of Hampton to borrow money for capital projects from the Hampton real estate trust fund.  

 

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Explanation:\tMatter added to current law appears in bold italics.

\t\tMatter removed from current law appears [in brackets and struckthrough.]

\t\tMatter which is either (a) all new or (b) repealed and reenacted appears in regular type.

\t16-2598

\t08/09

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Sixteen

 

AN ACT\tpermitting the town of Hampton to borrow money for capital projects from the Hampton real estate trust fund.

 

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

 

\t1  Town of Hampton; Capital Project Funding.  The town of Hampton may borrow money for capital projects from the Hampton real estate fund established in 1975, 341:1 for the fiscal year ending June 30, 2017.

\t2  Effective Date.  This act shall take effect upon its passage.