HB 508-FN – AS AMENDED BY THE SENATE
15Mar2011… 0606h
01/18/12 0012s
2011 SESSION
05/10
HOUSE BILL 508-FN
AN ACT relative to funds administered by the division of higher education and the higher education commission.
SPONSORS: Rep. Moran, Hills 18; Rep. Itse, Rock 9; Rep. Stepanek, Hills 6; Rep. Cebrowski, Hills 18; Rep. Seidel, Hills 20
COMMITTEE: Executive Departments and Administration
This bill establishes a dedicated fund in the department of education for the deposit of fees related to degree-granting and research and studies functions of the division of higher education and the higher education commission. The bill also removes an obsolete reference to the postsecondary education commission.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
15Mar2011… 0606h
01/18/12 0012s
11-0901
05/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eleven
AN ACT relative to funds administered by the division of higher education and the higher education commission.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Dedicated Funds; Transcript Request Fees. RSA 6:12, I(b)(229) is repealed and reenacted to read as follows:
(229) Moneys received by the department of education, division of higher education, higher education commission under RSA 292:8-kk, II.
2 New Subparagraph; Dedicated Funds. Amend RSA 6:12, I(b) by inserting after subparagraph (307) the following new subparagraph:
(308) Moneys deposited by the department of education, division of higher education, higher education commission in the administration fees fund established under RSA 21-N:8-a.
3 New Subparagraph; Higher Education Commission; Administration Fees Fund Established. Amend RSA 21-N:8-a, II(e) by inserting after subparagraph (6) the following new subparagraph:
(7) Establish and collect reasonable fees related to the performance of its degree-granting and research and studies functions. There is established the administration fees fund, which shall be administered by the department of education, division of higher education, higher education commission, and into which fees related to degree-granting and research and studies shall be deposited. The fund shall be non-lapsing and continually appropriated to the department of education, division of higher education, higher education commission for expenses related to its degree-granting and research and studies functions.
4 Effective Date. This act shall take effect 60 days after its passage.
LBAO
11-0901
Amended 02/06/12
HB 508 FISCAL NOTE
AN ACT relative to funds administered by the division of higher education and the higher education commission.
FISCAL IMPACT:
The Department of Education states this bill, as amended by the Senate (Amendment #2012-0012s), will increase state restricted revenue and expenditures by $10,000 in FY 2013 and each year thereafter There is no fiscal impact on county or local revenue or expenditures.
METHODOLOGY:
The Department of Education states this bill reinstates the dedicated fund into which registration fees paid by New Hampshire institutions for degree-granting and research and studies functions are deposited. The Department states these fees were previously collected by the now dissolved post-secondary education commission, and the newly established division of higher education within the Department will now collect the fees and perform the associated administrative duties. The Department states the average amounts of fees collected and related expenditures over the past three fiscal years has been $10,000. The Department estimates this bill will increase state restricted revenue by $10,000 and state restricted expenditures by $10,000 in FY 2013 and each year thereafter.