SB467 (2018) Detail

Relative to the state art fund.


SB 467-FN-A - AS INTRODUCED

 

 

2018 SESSION

18-2716

05/06

 

SENATE BILL 467-FN-A

 

AN ACT relative to the state art fund.

 

SPONSORS: Sen. Kahn, Dist 10; Sen. Watters, Dist 4; Sen. French, Dist 7

 

COMMITTEE: Finance

 

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ANALYSIS

 

This bill requires 1/2 of one percent of building projects over $3,000,000 to be deposited in the state art fund and requires the council on the arts to use the funds for art for the new building or addition.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18-2716

05/06

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Eighteen

 

AN ACT relative to the state art fund.

 

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

 

1  State Art Fund.  Amend RSA 19-A:9 to read as follows:

19-A:9  Art Fund.  

I.  There is hereby established a non-lapsing art fund consisting of 1/2 of one percent [of the first $15,000,000] of the bid contract price of each new building or major addition the total cost of which is in excess of $3,000,000, authorized by the capital budget to be paid from the general fund.  As used in this section, "major addition'' means any addition which increases by 25 percent or more the square footage of the building to which it is being added.  Contracts for the following projects are excluded:

(a)  Repairs;

(b)  University system of New Hampshire;

(c)  Those paid for by the highway fund, fish and game fund, or federal funds; and

(d)  Self-liquidating projects.

II.  The commissioner of administrative services shall pay the specified percent to the fund out of the original capital budget appropriation when the governor and council approve the construction contract.  The percent shall be a charge against the bond or note financing the construction.

III.  Pursuant to RSA 19-A:5, VII, the council on the arts shall use the amount deposited in the art fund under this section to fund art for the new building or major addition.

2  Effective Date.  This act shall take effect July 1, 2018.

 

LBAO

18-2716

12/8/17

 

SB 467-FN-A- FISCAL NOTE

AS INTRODUCED

 

AN ACT relative to the state art fund.

 

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

 

 

 

Estimated Increase / (Decrease)

STATE:

FY 2019

FY 2020

FY 2021

FY 2022

   Appropriation

$0

$0

$0

$0

   Revenue

Indeterminable

Indeterminable

Indeterminable

Indeterminable

   Expenditures

$0

$0

$0

$0

Funding Source:

  [    ] General            [    ] Education            [    ] Highway           [ X ] Other - State Art Fund

 

 

 

 

 

 

METHODOLOGY:

The Department of Natural and Cultural Resources indicates this bill, as introduced, would reduce the amount deposited in the State Art Fund.  Instead of depositing ½ of one percent of the first $15 million of the contract price of a new building or major addition, the bill would apply the percentage only to those projects in excess of $3 million.  A portion of the funds currently designated for the State Art Fund would remain in the capital appropriations.  The Department indicates the amount deposited in the fund varies greatly from year to year depending on the projects included in the Capital Budget and when the contracts are approved.  Therefore the decrease in revenue to the fund cannot be determined.

 

AGENCIES CONTACTED:

Department of Natural and Cultural Resources

 

 

Links

SB467 at GenCourtMobile

Action Dates

Date Body Type
Jan. 9, 2018 Senate Hearing
Jan. 16, 2018 Senate Hearing
Feb. 1, 2018 Senate Floor Vote

Bill Text Revisions

SB467 Revision: 2728 Date: Dec. 20, 2017, 2:03 p.m.

Docket


Feb. 1, 2018: Inexpedient to Legislate, MA, VV === BILL KILLED ===; 02/01/2018; SJ 3


Feb. 1, 2018: Committee Report: Inexpedient to Legislate, 02/01/2018; SC 5


Jan. 16, 2018: Hearing: 01/16/2018, Room 103, SH, 01:45 pm; SC 3


Jan. 9, 2018: ==CANCELLED== Hearing: 01/09/2018, Room 103, SH, 01:35 pm; SC 49


Jan. 3, 2018: To Be Introduced 01/03/2018 and Referred to Finance; SJ 1