CHAPTER 110

SB 269 – FINAL VERSION

02/06/14 0276s

2014 SESSION

14-2704

04/06

SENATE BILL 269

AN ACT relative to the reporting requirements for dedicated funds.

SPONSORS: Sen. Fuller Clark, Dist 21; Sen. Larsen, Dist 15

COMMITTEE: Finance

ANALYSIS

This bill requires that the annual compilation of dedicated funds report contain a section listing the amount of funds for each fund, account, or trust which has been expended for or diverted to a purpose other than the original purpose of the fund, account, or trust.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

14-2704 04/06

02/06/14 0276s

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Fourteen

AN ACT relative to the reporting requirements for dedicated funds.

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

110:1 New Paragraph; State Treasurer; Reporting Requirements for Dedicated Funds. Amend RSA 6:12-e by inserting after paragraph III the following new paragraph:

IV. The amount of funds for each fund, account, or trust which has been expended for or diverted to a purpose other than the original purpose of the fund, account, or trust.

110:2 Effective Date. This act shall take effect July 1, 2015.

Approved: June 11, 2014

Effective Date: July 1, 2015