CHAPTER 37
SB 72 - FINAL VERSION
03/09/2017 0574s
2017 SESSION
17-0776
08/03
SENATE BILL 72
AN ACT establishing a committee to study certain investments by municipalities.
SPONSORS: Sen. D'Allesandro, Dist 20; Sen. Hennessey, Dist 5
COMMITTEE: Public and Municipal Affairs
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This bill establishes a committee to study certain investments by municipalities.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
03/09/2017 0574s 17-0776
08/03
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seventeen
AN ACT establishing a committee to study certain investments by municipalities.
Be it Enacted by the Senate and House of Representatives in General Court convened:
37:1 Committee Established. There is established a committee to study certain investments by municipalities.
37:2 Membership and Compensation.
I. The members of the committee shall be as follows:
(a) Two members of the senate, one from the senate finance committee and one from the public and municipal affairs committee, appointed by the president of the senate.
(b) Three members of the house of representatives, one of whom shall be from the house finance committee and one of whom shall be from the house ways and means committee, appointed by the speaker of the house of representatives.
II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.
37:3 Duties. The committee's study shall include, but not be limited to:
I. Allowing town treasurers to deposit money into certificates of deposit offered through the public deposit investment pool.
II. Permitting municipalities to invest in a development finance institution.
37:4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the first-named senate member. The first meeting of the committee shall be held within 60 days of the effective date of this section. Two members of the committee shall constitute a quorum.
37:5 Report. The committee shall report its findings and any recommendations for proposed legislation to the president of the senate, the speaker of the house of representatives, the senate clerk, the house clerk, the governor, and the state library on or before November 1, 2018.
37:6 Effective Date. This act shall take effect upon its passage.
Approved: May 09, 2017
Effective Date: May 09, 2017
| Date | Body | Type |
|---|---|---|
| Jan. 25, 2017 | Senate | Hearing |
| March 9, 2017 | Senate | Floor Vote |
| April 4, 2017 | House | Hearing |
| April 6, 2017 | House | Exec Session |
| April 20, 2017 | House | Floor Vote |
May 9, 2017: Signed by the Governor on 05/09/2017; Chapter 0037; Effective 05/09/2017
April 27, 2017: Enrolled (In recess 04/27/2017); SJ 16
April 20, 2017: Enrolled 04/20/2017 HJ 14 P. 26
April 20, 2017: Ought to Pass: MA VV 04/20/2017 HJ 14 P. 8
April 20, 2017: Committee Report: Ought to Pass for 04/20/2017 (Vote 16-1; CC) HC 20 P. 6
April 6, 2017: Executive Session: 04/06/2017 LOB 301
April 4, 2017: Public Hearing: 04/04/2017 10:00 AM LOB 301
March 9, 2017: Introduced 03/09/2017 and referred to Municipal and County Government HJ 10 P. 76
March 9, 2017: Ought to Pass with Amendment 2017-0574s, MA, VV; OT3rdg; 03/09/2017; SJ 8
March 9, 2017: Committee Amendment # 2017-0574s, AA, VV; 03/09/2017; SJ 8
March 9, 2017: Committee Report: Ought to Pass with Amendment # 2017-0574s, 03/09/2017; SC 12
Jan. 25, 2017: Hearing: 01/25/2017, Room 102, LOB, 09:00 am; SC 7
Jan. 5, 2017: Introduced 01/05/2017 and Referred to Public and Municipal Affairs; SJ 4