Revision: March 9, 2026, 10:51 a.m.
Rep. Muns, Rock. 29
Rep. Stavis, Graf. 13
Rep. Maggiore, Rock. 23
March 9, 2026
2026-1092h
04/08
Floor Amendment to HB 1273
Amend RSA 79-E:4-a, VI(a) and (b) as inserted by section 1 of the bill by replacing it with the following:
(a) The FRIZ investment fund shall be structured so that other sources of federal and private funding intended to address risks from flooding in the FRIZ may be deposited into the fund and so that funding, through grants or below market loans, may be provided to individuals and businesses within the FRIZ intending to invest in qualifying improvements.
(b) The legislative body of a municipality may vote to apply and collect a municipal flood resilience fee on each property within the entire municipality or only within the FRIZ, for deposit into the nonlapsing FRIZ capital reserve fund established under paragraph V. The fee may be collected as an additional assessment on the assessed value of all property in the area, in an amount not to exceed $0.50 per $1,000 of assessed valuation. Enforcement powers for nonpayment shall be as provided in RSA 31:39-c, RSA 31:39-d, and RSA 47:17-b, relative to enforcement of ordinances.