Bill Text - SB83 (2019)

Increasing funding for the New Hampshire innovation research center and making an appropriation therefor.


Revision: Jan. 17, 2019, 5:22 p.m.

SB 83-FN-A - AS INTRODUCED

 

 

2019 SESSION

19-0841

04/10

 

SENATE BILL 83-FN-A

 

AN ACT increasing funding for the New Hampshire innovation research center and making an appropriation therefor.

 

SPONSORS: Sen. Fuller Clark, Dist 21; Sen. Sherman, Dist 24; Sen. Hennessey, Dist 5; Sen. Levesque, Dist 12; Sen. Chandley, Dist 11

 

COMMITTEE: Finance

 

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ANALYSIS

 

This bill makes an appropriation to the New Hampshire innovation research center.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

19-0841

04/10

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Nineteen

 

AN ACT increasing funding for the New Hampshire innovation research center and making an appropriation therefor.

 

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

 

1  Appropriation; Innovation Research Center.  There is hereby appropriated the sum of $250,000 for the fiscal year ending June 30, 2020 and the sum of $250,000 for the fiscal year ending June 30, 2021 to the university system of New Hampshire to fund the innovation research center established in RSA 187-A:30.  These sums shall be in addition to any other appropriations made to the university system of New Hampshire.  The governor is authorized to draw a warrant for said sums out of any money in the treasury not otherwise appropriated.

2  Effective Date.  This act shall take effect July 1, 2019.

 

LBAO

19-0841

Redraft 1/8/19

 

SB 83-FN-A- FISCAL NOTE

AS INTRODUCED

 

AN ACT increasing funding for the New Hampshire innovation research center and making an appropriation therefor.

 

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

 

 

 

Estimated Increase / (Decrease)

STATE:

FY 2020

FY 2021

FY 2022

FY 2023

   Appropriation

$250,000

$250,000

$0

$0

   Revenue

$0

$0

$0

$0

   Expenditures

$250,000

$250,000

$0

$0

Funding Source:

  [ X ] General            [    ] Education            [    ] Highway           [    ] Other

 

METHODOLOGY:

This bill makes a general fund appropriation of $250,000 in FY 2020 and $250,000 in FY 2021 to the University System of New Hampshire for the purpose of funding the innovation research center established in RSA 187-A:30.

 

AGENCIES CONTACTED:

None