03/27/03 0882s

29may03... 1734h

06/05/03 2127eba

2003 SESSION

03-0510

08/01

SENATE BILL 73

COMMITTEE: Energy and Economic Development

AMENDED ANALYSIS

This bill establishes a committee to study establishing enterprise zones in economically deprived or challenged communities.

The bill also expands the boundaries of the Black Brook Corporate Tax Increment Financing District located in Keene.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03/27/03 0882s

29may03... 1734h

06/05/03 2127eba

03-0510

08/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Three

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

213:1 Committee Established. There is established a committee to study establishing enterprise zones in economically deprived or challenged communities.

213:2 Membership and Compensation.

I. The members of the committee shall be as follows:

(a) Two members of the senate, appointed by the president of the senate.

(b) Four members of the house of representatives, appointed by the speaker of the house.

II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.

213:3 Duties.

I. The committee shall study economic development programs with regard to:

(a) Funding and incentive options for creating enterprise zones.

(b) What state and federal programs are available.

(c) What programs are currently implemented.

(d) Which programs are not implemented and why.

(e) Soliciting and receiving opinions from local communities regarding the successes and failures of various programs.

II. The committee shall seek testimony from the commissioner of the department of resources and economic development, the director of the office of state planning, the director of economic development for the city of Concord, and any other person the committee deems necessary.

213:4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the first-named senate member. The first meeting of the committee shall be held within 45 days of the effective date of this section. Three members of the committee shall constitute a quorum.

213:5 Report. The committee shall report its findings and any recommendations for proposed legislation to the senate president, the speaker of the house of representatives, the senate clerk, the house clerk, the governor, and the state library on or before November 1, 2003.

213:6 Black Brook Corporate Park Tax Increment Financing District. Notwithstanding the provisions of RSA 162-K:5, or any other law, the boundaries of the Black Brook Corporate Park Tax

Increment Financing District located in Keene, Cheshire county, New Hampshire, established by Resolution R-95-6, of the Keene city council are hereby amended and expanded, by adding the following described parcel of land:

Being all the area located southwesterly of the northeasterly bound of the discontinued portion of the existing Summit Road as discontinued by the city council of the city of Keene on November 21, 2002, by Resolution R-2002-40A, and northeasterly of the southwesterly bound of the altered Summit Road as laid out by the city council of the city of Keene on November 21, 2002, by Resolution R-2002-42-B.

213:7 Effective Date. This act shall take effect upon its passage.

(Approved: Enacted in accordance with Article 44, Part II, N.H. Constitution, without signature of Governor, July 1, 2003)

(Effective Date: July 1, 2003)