SB 145-FN-A - AS INTRODUCED
2003 SESSION
03/01
SENATE BILL 145-FN-A
AN ACT relative to the duties of the board of trustees of the department of regional community-technical colleges.
COMMITTEE: Executive Departments and Administration
This bill adds a duty to the board of trustees of the department of regional community-technical colleges relative to disbursements to the community-technical college foundation.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
03-1111
03/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Three
AN ACT relative to the duties of the board of trustees of the department of regional community-technical colleges.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Regional Community-Technical Colleges; Board of Trustees; Duties. Amend RSA 188-F:4-a, III to read as follows:
III.(a) Accept and expend legacies and other gifts to, or for the benefit of, the community-technical college system, or any of its divisions, institutions, or units, without the approval of the governor and council, and to establish separate accounts, and to establish non-profit entities or foundations for the purposes of fund raising and development of assets in reserve. State agencies or departments in possession of privately donated funds on behalf of the regional community-technical college system shall transfer such funds to the community-technical college foundation.
(b) Disburse non-general-fund revenue from each of the regional community-technical colleges to the community-technical college foundation to enhance and maintain programs and services. The commissioner of regional community-technical colleges and the presidents of the regional community-technical colleges shall make recommendations to the board of trustees regarding such disbursements.
2 Effective Date. This act shall take effect 60 days after its passage.
LBAO
03-1111
Revised 2/7/03
SB 145 FISCAL NOTE
AN ACT relative to the duties of the board of trustees of the department of regional community-technical colleges.
FISCAL IMPACT:
The Department of Regional Community Technical Colleges indicates this bill may increase state restricted expenditures by an indeterminable amount in FY 2004 and each year thereafter. There will be no fiscal impact to state, county and local revenue or county and local expenditures.
METHODOLOGY:
The Department assumes that only excess non-general fund revenue will be disbursed under the terms of this bill. The Department cannot estimate how much of this revenue will be disbursed. The Department indicates the amount of excess non-general fund revenue was $204,834 in FY 2000, $264,127 in FY 2001, $553,781 in FY 2002, and currently stands at $765,118.