CHAPTER 263
HB 590-FN - FINAL VERSION
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05/22/03 1679s
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2003 SESSION
05/09
HOUSE BILL 590-FN
AN ACT relative to highway fund budget reporting requirements.
SPONSORS: Rep. Weyler, Rock 79; Rep. Norelli, Rock 86; Rep. Rausch, Rock 77; Rep. Graham, Hills 57
COMMITTEE: Public Works and Highways
This bill establishes a reporting requirement for administration and collection costs associated with highway fund revenue.
This bill allocates unrestricted revenue from the highway fund and requires any department that receives restricted revenue from the highway fund to submit a biennial report of expenditures to the state treasurer.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
06mar03... 0330h
05/22/03 1679s
24jun03... 2048CofC
03-0210
05/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Three
AN ACT relative to highway fund budget reporting requirements.
Be it Enacted by the Senate and House of Representatives in General Court convened:
263:1 New Sections; Budget and Appropriations; Allocation of Unrestricted Revenue from Highway Fund; Highway Fund Reporting Requirements. Amend RSA 9 by inserting after section 9 the following new sections:
9:9-a Collection of Highway Fund Revenue; Reporting Requirement. Pursuant to part II, article 6-a of the New Hampshire constitution, any costs associated with the collection and administration of highway funds by the department of safety shall be deducted by the department before such funds are credited to the highway fund. On or before January 1, the department shall provide an annual accounting of such administration and collection costs to the president of the senate and the speaker of the house of representatives.
9:9-b Allocation of Unrestricted Revenue from Highway Fund. In each biennium, all unrestricted revenue from the highway fund, including any surplus but excluding any betterment funds and highway block grant aid, as estimated by the commissioner of the department of administrative services in RSA 9:6, and subject to the requirements of RSA 9:4-d, shall be allocated in the operating budget as follows:
I. Department of transportation: Not less than 74 percent of unrestricted revenue.
II. Department of safety: Not to exceed 24 percent of unrestricted revenue.
III. Other projects that comply with part 2, article 6-a of the New Hampshire constitution, relative to the use of highway funds: Not to exceed 2 percent of unrestricted revenue.
9:9-c Reporting Requirement for Special Accounts or Restricted Revenue Within the Highway Fund. Each department that operates a special account within the highway fund or receives restricted revenue from a special account within the highway fund shall file a biennial report with the state treasurer on or before January 15, 2006, and every other year thereafter. The report shall include, but not be limited to:
I. Activities the special account is required or intended to carry out.
II. Identification of all revenue from the special account available to the department.
III. The amount of revenue deposited into the special account and the amount and purpose of all expenditures by the department from the account during the prior 2 fiscal years.
IV. The balance of the special account at the close of the prior 2 fiscal years.
263:2 Effective Date. This act shall take effect 60 days after its passage.
(Approved: July 14, 2003)
(Effective Date: September 12, 2003)