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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.
Text to be added highlighted in green.
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 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.