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1 Short Title. This act shall be known as the "Protect Our Money Act."
2 New Paragraph; Frozen Federal Aid; Requirement to Withhold Moneys Owed to Federal Government. Amend RSA 21-I:13 by inserting after paragraph XIX the following new paragraph:
XX. If the commissioner determines that federal aid to this state that was previously authorized under an act of Congress is being withheld under an executive order of the president of the United States or in contravention of a court order, the commissioner shall do all of the following:
(a) Determine the approximate amount of federal aid this state is being deprived of or is expected to be deprived of as the result of the executive order or contravention of the court order.
(b) No later than 60 days after the date of the executive order or court order, submit to the speaker of the house of representatives, the president of the senate, the house clerk, the senate clerk, and the governor, for distribution to the legislature a report that does all of the following:
(1) Describes in detail the amount of federal aid this state is being deprived of or is expected to be deprived of as the result of the executive order or contravention of the court order, as determined under subparagraph (a).
(2) Identifies all moneys this state is required to pay to the federal government for any reason during the succeeding 12 months after the report is submitted.
(c) Of the moneys identified under subparagraph (b)(2), withhold the payment of those moneys to the federal government in a total amount not to exceed the approximate amount of federal aid this state is being deprived of or is expected to be deprived of as the result of the executive order or contravention of the court order, as determined under subparagraph (a).
(d) Authorize the payment to the federal government of the moneys withheld under subparagraph (c) upon the state's receipt of all federal aid previously withheld under the executive order or in contravention of the court order.
3 Effective Date. This act shall take effect 60 days after its passage.
Text to be added highlighted in green.
1 Short Title. This act shall be known as the "Protect Our Money Act."
2 New Paragraph; Frozen Federal Aid; Requirement to Withhold Moneys Owed to Federal Government. Amend RSA 21-I:13 by inserting after paragraph XIX the following new paragraph:
XX. If the commissioner determines that federal aid to this state that was previously authorized under an act of Congress is being withheld under an executive order of the president of the United States or in contravention of a court order, the commissioner shall do all of the following:
(a) Determine the approximate amount of federal aid this state is being deprived of or is expected to be deprived of as the result of the executive order or contravention of the court order.
(b) No later than 60 days after the date of the executive order or court order, submit to the speaker of the house of representatives, the president of the senate, the house clerk, the senate clerk, and the governor, for distribution to the legislature a report that does all of the following:
(1) Describes in detail the amount of federal aid this state is being deprived of or is expected to be deprived of as the result of the executive order or contravention of the court order, as determined under subparagraph (a).
(2) Identifies all moneys this state is required to pay to the federal government for any reason during the succeeding 12 months after the report is submitted.
(c) Of the moneys identified under subparagraph (b)(2), withhold the payment of those moneys to the federal government in a total amount not to exceed the approximate amount of federal aid this state is being deprived of or is expected to be deprived of as the result of the executive order or contravention of the court order, as determined under subparagraph (a).
(d) Authorize the payment to the federal government of the moneys withheld under subparagraph (c) upon the state's receipt of all federal aid previously withheld under the executive order or in contravention of the court order.
3 Effective Date. This act shall take effect 60 days after its passage.