Bill Text - SB371 (2022)

Making an appropriation to the lead paint hazard remediation fund.


Revision: May 5, 2022, 3:44 p.m.

SB 371-FN-A - VERSION ADOPTED BY BOTH BODIES

 

 

2022 SESSION

22-2863

10/11

 

SENATE BILL 371-FN-A

 

AN ACT making an appropriation to the lead paint hazard remediation fund.

 

SPONSORS: Sen. Rosenwald, Dist 13; Sen. Hennessey, Dist 1; Sen. D'Allesandro, Dist 20; Sen. Avard, Dist 12; Rep. Stapleton, Sull. 5; Rep. Wilhelm, Hills. 42; Rep. Espitia, Hills. 31; Rep. Amanda Bouldin, Hills. 12; Rep. Nordgren, Graf. 12

 

COMMITTEE: Finance

 

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ANALYSIS

 

This bill makes an appropriation to the lead paint hazard remediation fund for use by the  housing finance authority.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

22-2863

10/11

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Two

 

AN ACT making an appropriation to the lead paint hazard remediation fund.

 

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

 

1  Appropriation; Housing Finance Authority; Lead Paint Hazard Remediation Fund. The sum of $3,000,000 for the biennium ending June 30, 2023 is hereby appropriated to the lead paint hazard remediation fund established in RSA 204-C:89. The governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated.

2  Effective Date.  This act shall take effect July 1, 2022.

 

LBA

22-2863

12/15/21

 

SB 371-FN-A- FISCAL NOTE

AS INTRODUCED

 

AN ACT making an appropriation to the lead paint hazard remediation fund.

 

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

 

 

 

Estimated Increase / (Decrease)

STATE:

FY 2022

FY 2023

FY 2024

FY 2025

   Appropriation

$0

$3,000,000

$0

$0

   Revenue

$0

$0

$0

$0

   Expenditures

$0

 $3,000,000

 

 

Funding Source:

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

 

METHODOLOGY:

This bill makes a general fund appropriation of $3,000,000 in FY 2023 to the lead paint hazard remediation fund, a non-lapsing dedicated fund administered by the New Hampshire Housing Finance Authority (NHHFA). It is unknown at this time how much of this $3,000,000 would be expended by NHHFA from the Lead Paint Hazard Remediation Fund and in which fiscal years.

 

AGENCIES CONTACTED:

None