CHAPTER 191
HB 1593 - FINAL VERSION
26Apr2018... 1653-EBA
2018 SESSION
18-2380
06/10
HOUSE BILL 1593
AN ACT authorizing a school district meeting to adopt an article authorizing the trustees of trust funds to charge certain expenses against capital reserve funds.
SPONSORS: Rep. Hoelzel, Rock. 3; Rep. Matthews, Rock. 3
COMMITTEE: Education
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ANALYSIS
This bill permits a school district meeting to adopt an article authorizing the trustees of trust funds to charge expenses incurred in employing trust departments of certain financial institutions against capital reserve funds.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
26Apr2018... 1653-EBA 18-2380
06/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eighteen
AN ACT authorizing a school district meeting to adopt an article authorizing the trustees of trust funds to charge certain expenses against capital reserve funds.
Be it Enacted by the Senate and House of Representatives in General Court convened:
191:1 New Paragraph; Capital Reserve Funds; Professional Banking or Brokerage Assistance. Amend RSA 35:9-a by inserting after paragraph II the following new paragraph:
III. The school district meeting may adopt an article authorizing the trustees of trust funds, without further action of the school district meeting, to charge any expenses incurred pursuant to paragraph I against the capital reserve funds involved. Such authority shall remain in effect until rescinded by a vote of the school district meeting. No vote by the school district meeting to rescind such authority shall occur within 5 years of the original adoption of such article. Any professional banking and brokerage fees incurred shall be reported in the annual report of the trustees of trust funds as expenditures out of capital reserve funds.
191:2 Effective Date. This act shall take effect 60 days after its passage.
Approved: June 08, 2018
Effective Date: August 07, 2018
| Date | Body | Type |
|---|---|---|
| Jan. 17, 2018 | House | Hearing |
| Jan. 25, 2018 | House | Exec Session |
| House | Floor Vote | |
| Feb. 7, 2018 | House | Floor Vote |
| Feb. 27, 2018 | House | Hearing |
| April 4, 2018 | Senate | Hearing |
| April 12, 2018 | Senate | Floor Vote |
June 8, 2018: Signed by Governor Sununu 06/08/2018; Chapter 191; Eff. 8/7/2018
May 3, 2018: Enrolled 05/03/2018
May 3, 2018: Enrolled (In recess 05/03/2018); SJ 17
April 26, 2018: Enrolled Bill Amendment # 2018-1653e: AA VV 04/26/2018
April 26, 2018: Enrolled Bill Amendment # 2018-1653e Adopted, VV, (In recess of 04/26/2018); SJ 15
April 12, 2018: Ought to Pass: MA, VV; OT3rdg; 04/12/2018; SJ 12
April 12, 2018: Committee Report: Ought to Pass, 04/12/2018; Vote 5-0; CC SC 16
April 4, 2018: Hearing: 04/04/2018, Room 102, LOB, 09:45 am; SC 14
March 8, 2018: Introduced 03/08/2018 and Referred to Public and Municipal Affairs; SJ 7
Feb. 15, 2018: Referral Waived by Committee Chair per House Rule 46(f) 02/15/2018 HJ 4 P. 43
: Referral Waived by Committee Chair per House Rule 46(f)
Feb. 27, 2018: ==CANCELLED== Public Hearing: 02/27/2018 09:00 AM LOB 301
Feb. 8, 2018: Referred to Municipal and County Government 02/08/2018 HJ 3 P. 5
Feb. 8, 2018: Ought to Pass: MA VV 02/08/2018 HJ 3 P. 5
: Committee Report: Ought to Pass (Vote 20-0; CC)
Feb. 7, 2018: Committee Report: Ought to Pass for 02/07/2018 (Vote 20-0; CC) HC 5 P. 7
Jan. 25, 2018: Executive Session: 01/25/2018 10:00 AM LOB 207
Jan. 17, 2018: Public Hearing: 01/17/2018 11:00 AM LOB 207
Jan. 3, 2018: Introduced 01/03/2018 and referred to Education HJ 1 P. 16