Revision: May 8, 2018, 9:26 a.m.
SB 535-FN - AS AMENDED BY THE HOUSE
02/15/2018 0522s
2May2018... 1690h
2018 SESSION
18-2854
10/01
SENATE BILL 535-FN
AN ACT relative to certain revenues from the sale of commemorative liquor bottles of historic significance.
SPONSORS: Sen. Watters, Dist 4; Sen. Fuller Clark, Dist 21; Sen. Hennessey, Dist 5; Rep. P. Schmidt, Straf. 19
COMMITTEE: Executive Departments and Administration
─────────────────────────────────────────────────────────────────
AMENDED ANALYSIS
The bill credits revenue from the sales of commemorative liquor bottles until December 31, 2019 to the New Hampshire state house bicentennial education and commemoration fund.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
02/15/2018 0522s
2May2018... 1690h 18-2854
10/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eighteen
AN ACT relative to certain revenues from the sale of commemorative liquor bottles of historic significance.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Paragraph; Historical Fund; Sale of Commemorative Bottles; Transfer of Revenues. Amend RSA 177:8 by inserting after paragraph II the following new paragraph:
III. Notwithstanding provisions of paragraph II, revenue from commemorative bottles sold under this section between July 1, 2018 and December 31, 2019 shall be credited to the New Hampshire state house bicentennial education and commemoration fund in RSA 17-R:3.
2 Effective Date. This act shall take effect July 1, 2018.
18-2854
Amended 5/3/18
SB 535-FN- FISCAL NOTE
AS AMENDED BY THE HOUSE (AMENDMENT #2018-1690h)
AN ACT relative to certain revenues from the sale of commemorative liquor bottles of historic significance.
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 Increase | Indeterminable Increase | Indeterminable Increase | Indeterminable Increase |
Expenditures | $0 | $0 | $0 | $0 |
Funding Source: | [ ] General [ ] Education [ ] Highway [ X ] Other - Historical Fund (RSA 177:8) and New Hampshire State House Bicentennial Education and Commemoration Fund (RSA 17-R:3) | |||
METHODOLOGY:
The New Hampshire State Liquor Commission (NHSLC) and Legislative Branch are unable to estimate the revenue that will be deposited into the New Hampshire Bicentennial Education and Commemoration Fund from the sale of any commemorative liquor bottles sold between July 1, 2018 and December 31, 2019. Currently the revenues from these sales are deposited into the Historical Fund pursuant to RSA 177:8. The Legislative Branch reports the following revenue from bottle sale deposits into the Historical Fund:
FY 2014 $74,675
FY 2015 $7,949
FY 2016 $0
FY 2017 $20,677
AGENCIES CONTACTED:
New Hampshire Liquor Commission and Legislative Branch