HB 514 - AS INTRODUCED
2003 SESSION
08/01
HOUSE BILL 514
COMMITTEE: Municipal and County Government
This bill makes the mayor, treasurer, and chair of the board of aldermen, if applicable, of a municipality in which a business and industrial development authority is formed, ex officio members of the board.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
03-1020
08/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Three
AN ACT relative to business and industrial development authorities.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Business and Industrial Development Authority; Membership on the Board. Amend RSA 162-G:15-a, II(a) to read as follows:
(a) An authority shall consist of a board of directors of not less than 9 nor more than 15 members appointed for 3-year terms, including the mayor, treasurer, and chair of the board of aldermen, if applicable, of each municipality in which the authority is formed. The mayor, treasurer, and chair of the board of aldermen, if applicable, shall serve as ex officio members with voting rights. If an authority is formed by a single governmental unit, a majority of the board members shall reside within the boundaries of that governmental unit. If an authority is formed by 2 or more governmental units, each such governmental unit shall be represented on the board, and a majority of the board members shall reside within the boundaries of those governmental units forming such authority. The board members from towns shall be appointed by the board of selectmen or the town council; board members from cities shall be appointed by the mayor subject to the provisions of the city charter. The terms of the initial members of any board so established shall be staggered so that 1/3, or as close to 1/3 as possible, of the board members will be appointed each year.
2 Effective Date. This act shall take effect 60 days after its passage.