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2002 SESSION

01-0938

08/09

HOUSE BILL 523

COMMITTEE: Executive Departments and Administration

AMENDED ANALYSIS

This bill:

I. Increases the filing fees for reports by trustees of charitable trusts.

II. Clarifies that legislative approval is required to settle a claim against the state that exceeds a percentage of the total reported general fund unrestricted revenues for the previous fiscal year.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

05apr01...0563h

4/18/02 3590s

2may02...3754eba

01-0938

08/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Two

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

200:1 Director of Charitable Trusts; Increase in Filing Fees for Reports by Trustees of Charitable Trusts. Amend RSA 7:28-a, II to read as follows:

II. Any periodic written report required by RSA 7:28, II to be filed with the attorney general shall be accompanied by a filing fee of [$50] $75.

200:2 Legislative Approval of Court Claims Against the State; Clarification of Reference to General Fund Unrestricted Revenues. Amend RSA 14:35-b, I to read as follows:

I. Any settlement of a claim against the state in which the state through its attorneys agrees to a commitment with financial consequences in excess of 1/4 of one percent or more of total reported general fund unrestricted revenues for the previous fiscal year as reported by the legislative budget assistant pursuant to paragraph II shall be subject to the approval of the legislature.

200:3 Effective Date. This act shall take effect July 1, 2002.

(Approved: May 15, 2002)

(Effective Date: July 1, 2002)