HB 507-FN – AS INTRODUCED
2011 SESSION
06/04
HOUSE BILL 507-FN
AN ACT requiring the department of transportation to establish a storage depot for storing historic bridge parts.
SPONSORS: Rep. S. Lindsey, Ches 3
COMMITTEE: Public Works and Highways
This bill requires the department of transportation to establish a storage depot for storing historic bridge parts.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
11-0874
06/04
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eleven
AN ACT requiring the department of transportation to establish a storage depot for storing historic bridge parts.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Department of Transportation; Storage Depot. The department of transportation shall establish a storage depot in the city of Concord for storing historic bridge trusses and other parts.
2 Effective Date. This act shall take effect 60 days after its passage.
LBAO
11-0874
Revised 01/27/11
HB 507 FISCAL NOTE
AN ACT requiring the department of transportation to establish a storage depot for storing historic bridge parts.
FISCAL IMPACT:
The Department of Transportation states this bill will increase state highway fund expenditures by $305,000 in FY 2012, and by $5,000 in FY 2013 and each year thereafter. There will be no fiscal impact on state, county, or local revenue or on county or local expenditures.
METHODOLOGY:
This bill requires the Department of Transportation to establish a storage depot in the city of Concord for storing historic bridge parts. The Department of Transportation states the proposed legislation would require a vacant, level 5 acre parcel of land in the Concord area that would allow for the open storage of historic bridge parts. Based on a review of parcels currently available in the Concord area that would fulfill these requirements, the Department estimates a purchase price of approximately $300,000. In addition to the purchase price of the parcel, the Department estimates yearly maintenance and upkeep costs for the depot to be approximately $5,000 per year. This results in an increase of highway fund expenditures of $305,000 ($300,000 + $5,000) in FY 2012 and $5,000 in FY 2013 and each year thereafter.
This bill does not contain an appropriation.