Revision: Jan. 19, 2018, 10:44 a.m.
SB 469 - AS AMENDED BY THE SENATE
01/18/2018 0081s
2018 SESSION
18-2855
06/04
SENATE BILL 469
AN ACT relative to the appropriation of funds from the equipment inventory fund.
SPONSORS: Sen. Watters, Dist 4; Sen. Birdsell, Dist 19
COMMITTEE: Finance
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ANALYSIS
This bill clarifies that the equipment inventory fund is within the mechanical services bureau of the department of transportation.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
01/18/2018 0081s 18-2855
06/04
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eighteen
AN ACT relative to the appropriation of funds from the equipment inventory fund.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Department of Transportation; Equipment Inventory Fund. Amend RSA 228:24-b, III to read as follows:
III. The commissioner may rent or lease vehicles and equipment from the equipment inventory to all departments and institutions of the state, political subdivisions of the state and agencies of the federal government. [He] The commissioner shall assess a fair and equitable charge with respect to the rental or lease of vehicles and equipment sufficient to defray all administrative, transportation, storage, maintenance, amortization, replacement and other costs incurred by the department in administering this account sufficient to continue the equipment inventory fund as a revolving fund. The revenue from the rent, lease, or sale of vehicles or equipment purchased, rented or leased with funds from the equipment inventory fund shall be deposited into the equipment inventory fund. The commissioner of transportation shall expend such funds for the operation of the mechanical services bureau, operation division of the department of transportation, and to purchase replacement or new motor vehicles and construction equipment, provided that the general court appropriates such funds from the equipment inventory fund [to the] within mechanical services bureau.
2 Effective Date. This act shall take effect 60 days after its passage.