HB 665-FN - AS INTRODUCED
HOUSE BILL 665-FN
SPONSORS: Rep. Cleaver, Hills. 35; Rep. Telerski, Hills. 35; Rep. Mangipudi, Hills. 35; Rep. Edgar, Rock. 21
COMMITTEE: Executive Departments and Administration
This bill requires the director of the office of strategic initiatives to compile certain data relative to the cost of living in New Hampshire.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nineteen
Be it Enacted by the Senate and House of Representatives in General Court convened:
4-C:38 Definitions. In this subdivision:
I. "Basic cost-of-living" means the minimum pre-tax dollar amount of annual personal income or earnings necessary for a typical household to maintain economic self-sufficiency, based on family composition and the number of adults with full time employment per household.
II. "Economic self-sufficiency" means the ability of individuals and families to consistently meet their needs, including food, housing, utilities, health care, transportation, taxes, dependent care, and clothing, with minimal or no outside assistance or subsidies from public or private sources.
III. "Current economic data" means data and statistical analysis collected and validated by bona fide public sources, including the New Hampshire department of employment security, the United States Census Bureau, United States Department of Labor Statistics, United States Department of Agriculture, and other state and federal agencies that collect and analyze relevant economic and statistical data for New Hampshire and state sub-regions.
4-C:39 Cost-of-Living Study.
I The office of strategic initiatives shall conduct an annual cost-of-living study for New Hampshire. The study shall include:
(a) A calculation of the statewide estimated cost-of-living necessary for individuals and families to maintain economic self-sufficiency, adjusted for family size and number of full time employed adults per household.
(b) A calculation of the estimated basic cost-of-living by county, and by standard economic sub-regions as appropriate and when comparable data is available, adjusted for family size and the number of full-time employed adults per household.
(c) An analysis of statewide and county cost-of-living data, workforce age population and employment data, workforce educational attainment and estimated job totals with median annual wages for major occupational categories.
(d) A summary report of prevailing economic trends and changes over time.
II. Cost-of-living calculations shall use current economic data to estimate the minimum yearly cost of goods and services necessary for individuals and families to achieve and maintain economic self-sufficiency, including:
(e) Essential utilities, including heat, electricity, water, and telecommunications services;
(f) Child care, including the cost of before and after school care for children aged 5 to 12 when all adults in the household are employed full time;
(g) Federal and local taxes;
(h) Clothing; and
(i) Other common expenses necessary for household self-sufficiency, as determined by the commissioner.
III. The director of the office of strategic initiatives shall publish cost-of-living estimates and summary reports in a portable electronic file format on the department of employment security website by October 1 of each year and provide copies to the governor and general court at the time of publication.
HB 665-FN- FISCAL NOTE
FISCAL IMPACT: [ X ] State [ ] County [ ] Local [ ] None
Estimated Increase / (Decrease)
[ X ] General [ ] Education [ ] Highway [ ] Other
This proposed legislation requires the Office of Strategic Initiatives (OSI) to conduct an annual cost-of-living study for New Hampshire using specified calculations, analyses and current economic data sets. OSI is also required to publish cost-of-living estimates and summary reports on the Department of Employment Security website by October 1 of each year and provide copies to the Governor and General Court. OSI states the mandated cost-of-living study would require additional staff time and expertise that is not currently available. As such, the agency would have to contract out the report each year at an unknown cost, and thus the fiscal impact is indeterminable.
Office of Strategic Initiatives
|Jan. 3, 2019||Introduced 01/03/2019 and referred to Executive Departments and Administration HJ 3 P. 24|
|Feb. 7, 2019||Public Hearing: 02/07/2019 02:30 pm LOB 306|
|March 5, 2019||Executive Session: 03/05/2019 01:15 pm LOB 306|
|March 14, 2019||Committee Report: Inexpedient to Legislate for 03/14/2019 (Vote 18-1; CC) HC 15 P. 3|
|Committee Report: Inexpedient to Legislate (Vote 18-1; CC)|
|March 14, 2019||Inexpedient to Legislate: MA VV 03/14/2019 HJ 9 P. 4|
|Feb. 7, 2019||House||Hearing|
|March 5, 2019||House||Exec Session|
|March 14, 2019||House||Floor Vote|