CHAPTER 154
SB 272 - FINAL VERSION
02/03/2022 0163s
4May2022... 1490h
2022 SESSION
22-2864
07/08
SENATE BILL 272
AN ACT establishing a committee to study the oversight and operation of the public deposit investment pool.
SPONSORS: Sen. Rosenwald, Dist 13; Sen. Cavanaugh, Dist 16; Sen. Perkins Kwoka, Dist 21; Sen. Soucy, Dist 18; Rep. Abrami, Rock. 19; Rep. Almy, Graf. 13; Rep. Hunt, Ches. 11
COMMITTEE: Finance
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ANALYSIS
This bill establishes a committee to study the New Hampshire banking department's role in operating the public deposit investment pool.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
02/03/2022 0163s
4May2022... 1490h 22-2864
07/08
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Two
AN ACT establishing a committee to study the oversight and operation of the public deposit investment pool.
Be it Enacted by the Senate and House of Representatives in General Court convened:
154:1 Committee Established. There is established a committee to study the banking department's role in operating the public deposit investment pool.
154:2 Membership and Compensation.
I. The members of the committee shall be as follows:
(a) One member of the senate, appointed by the president of the senate.
(b) Three members of the house of representatives, appointed by the speaker of the house of representatives; one of whom who shall be a member of the commerce and consumer affairs committee, one of whom who shall be a member of the municipal and county government committee, and one of whom who shall be a member of the ways and means committee.
II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.
I. The committee shall study:
(a) Moving the public deposit pool from under the banking department's oversight to the treasury;
(b) How other states handle their pool; and
(c) The public deposit investment pool's advisory board's responsibilities, board representation of entities utilizing the pool, and rate of return.
II. The committee may solicit input from other entities of its choosing.
154:4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the senate member. The first meeting of the committee shall be held within 45 days of the effective date of this section. Three members of the committee shall constitute a quorum.
154:5 Report. The committee shall report its findings and any recommendations for proposed legislation to the president of the senate, the speaker of the house of representatives, the senate clerk, the house clerk, the governor, and the state library on or before November 1, 2022.
154:6 Effective Date. This act shall take effect upon its passage.
Approved: June 07, 2022
Effective Date: June 07, 2022
| Date | Body | Type |
|---|---|---|
| Jan. 18, 2022 | Senate | Hearing |
| Senate | Floor Vote | |
| Feb. 3, 2022 | Senate | Floor Vote |
| April 6, 2022 | House | Hearing |
| April 20, 2022 | House | Exec Session |
| April 20, 2022 | House | Exec Session |
| House | Floor Vote |
June 8, 2022: Signed by the Governor on 06/07/2022; Chapter 0154; Effective 06/07/2022
May 27, 2022: Enrolled (in recess of) 05/26/2022 HJ 14
May 27, 2022: Enrolled Adopted, VV, (In recess 05/26/2022); SJ 13
May 27, 2022: Enrolled (in recess of) 05/26/2022 HJ 14
May 27, 2022: Enrolled Adopted, VV, (In recess 05/26/2022); SJ 13
May 12, 2022: Sen. Daniels Moved to Concur with the House Amendment, MA, VV; 05/12/2022; SJ 12
May 4, 2022: Ought to Pass with Amendment 1490h: MA VV 05/04/2022 HJ 11
May 4, 2022: Amendment # 1490h: AA VV 05/04/2022 HJ 11
April 22, 2022: Committee Report: Ought to Pass with Amendment # 2022-1490h (Vote 18-0; CC)
April 13, 2022: Executive Session: 04/20/2022 01:00 pm LOB 302-304
April 13, 2022: Executive Session: 04/20/2022 01:00 pm LOB 302-304
April 14, 2022: Subcommittee Work Session: 04/20/2022 10:00 am LOB 302-304
March 30, 2022: Subcommittee Work Session: 04/07/2022 10:00 am LOB 302-304
March 30, 2022: Public Hearing: 04/06/2022 02:00 pm LOB 302-304
March 23, 2022: Introduced 03/17/2022 and referred to Commerce and Consumer Affairs
Feb. 3, 2022: Ought to Pass with Amendment 2022-0163s, MA, VV; OT3rdg; 02/03/2022; SJ 2
Feb. 3, 2022: Committee Amendment # 2022-0163s, AA, VV; 02/03/2022; SJ 2
Jan. 26, 2022: Committee Report: Ought to Pass with Amendment # 2022-0163s, 02/03/2022; SC 5
Jan. 19, 2022: Committee Report: Ought to Pass with Amendment # 2022-0163s
Dec. 20, 2021: Hearing: 01/18/2022, Room 103, SH, 01:10 pm; SC 50
Dec. 14, 2021: To Be Introduced 01/05/2022 and Referred to Finance; SJ 1