HB294 (2017) Detail

Relative to the cost of fiscal analysis of legislation relating to the retirement system.


HB 294-FN-A - AS INTRODUCED

 

 

2017 SESSION

17-0228

10/09

 

HOUSE BILL 294-FN-A

 

AN ACT relative to the cost of fiscal analysis of legislation relating to the retirement system.

 

SPONSORS: Rep. Rogers, Merr. 28; Rep. M. Smith, Straf. 6; Rep. Wallner, Merr. 10; Rep. White, Graf. 13; Rep. Soucy, Merr. 16; Rep. Leishman, Hills. 24; Sen. McGilvray, Dist 16

 

COMMITTEE: Executive Departments and Administration

 

-----------------------------------------------------------------

 

ANALYSIS

 

This bill requires that the administrative and professional cost of the fiscal analysis of proposed legislation done by the retirement system be reimbursed from general funds not otherwise appropriated.

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

17-0228

10/09

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Seventeen

 

AN ACT relative to the cost of fiscal analysis of legislation relating to the retirement system.

 

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

 

1 New Paragraph; Retirement System; Administration; Cost of Assessment of Proposed Legislation.  Amend RSA 100-A:14 by inserting after paragraph XIII the following new paragraph:

XIII-a.  Notwithstanding the requirements of paragraph XIII, the cost to the retirement system of the actuarial and professional assessment of proposed legislation required by RSA 14:44 shall be initially paid from assets of the retirement system, but shall be submitted to the governor for reimbursement.  Not later than 30 days after the adjournment of each legislative session, the governor shall reimburse the retirement system for such costs.  The governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated.

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

 

LBAO

17-0228

12/29/16

 

HB 294-FN-A- FISCAL NOTE

AS INTRODUCED

 

AN ACT relative to the cost of fiscal analysis of legislation relating to the retirement system.

 

FISCAL IMPACT:      [ X ] State              [    ] County               [    ] Local              [    ] None

 

 

 

Estimated Increase / (Decrease)

STATE:

FY 2018

FY 2019

FY 2020

FY 2021

   Appropriation

$0

$0

$0

$0

   Revenue

$0

$0

$0

$0

   Expenditures

Indeterminable

Indeterminable

Indeterminable

Indeterminable

Funding Source:

  [ X ] General            [    ] Education            [    ] Highway           [    ] Other

 

 

 

 

 

 

METHODOLOGY:

This bill requires that the administrative and professional cost of the fiscal analysis of proposed legislation done by the New Hampshire Retirement System (NHRS) be reimbursed from general funds not otherwise appropriated.  The NHRS states the expenditures associated with this bill are indeterminable.  The NHRS is unable to project the number of retirement-related bills that would be filed in a legislative session, the level of complexity, or whether actuarial or professional fees would be required to determine the fiscal impact.  Similar costs from prior legislative sessions excluding NHRS staff time or software implementation costs have ranged from $13,000 to $176,000.

 

AGENCIES CONTACTED:

New Hampshire Retirement System

 

Links

HB294 at GenCourtMobile

Action Dates

Date Body Type
Feb. 7, 2017 House Hearing
Feb. 23, 2017 House Exec Session
March 8, 2017 House Floor Vote
April 5, 2017 Senate Hearing
April 20, 2017 Senate Floor Vote
May 18, 2017 Senate Floor Vote

Bill Text Revisions

HB294 Revision: 242 Date: Jan. 30, 2017, 10:41 a.m.

Docket

Date Status
Jan. 5, 2017 Introduced 01/05/2017 and referred to Executive Departments and Administration HJ 3 P. 7
Feb. 7, 2017 Public Hearing: 02/07/2017 10:00 AM LOB 306
Feb. 23, 2017 Executive Session: 02/23/2017 02:00 PM LOB 305-307
March 8, 2017 Majority Committee Report: Ought to Pass for 03/08/2017 (Vote 12-8; RC)
Minority Committee Report: Inexpedient to Legislate
March 8, 2017 Ought to Pass: MA RC 213-130 03/08/2017 HJ 9 P. 109
March 8, 2017 Rules Suspension to refer to Finance (Rep. Hinch): MF DV 191-152 lacking necessary two-thirds vote 03/08/2017 HJ 9 P. 111
March 9, 2017 Introduced 03/09/2017 and Referred to Executive Departments and Administration; SJ 9
April 5, 2017 Hearing: 04/05/2017, Room 101, LOB, 09:15 am; SC 17
April 20, 2017 Committee Report: Ought to Pass, 04/20/2017; Vote 5-0; CC; SC 19
April 20, 2017 Ought to Pass: MA, VV; Refer to Finance Rule 4-5; 04/20/2017; SJ 14
May 18, 2017 Committee Report: Inexpedient to Legislate, 05/18/2017; SC 23
May 18, 2017 Inexpedient to Legislate, RC 13Y-9N, MA === BILL KILLED ===; 05/18/2017; SJ 17