HB 74-FN-A-LOCAL – AS INTRODUCED
2007 SESSION
05/09
HOUSE BILL 74-FN-A-LOCAL
AN ACT relative to matching funds for federal disaster assistance for the October 2005 floods and making an appropriation therefor.
SPONSORS: Rep. Phinizy, Sull 5; Rep. Ferland, Sull 5; Rep. Butynski, Ches 4; Rep. Parkhurst, Ches 4; Rep. Sad, Ches 2; Sen. Odell, Dist 8
This bill appropriates matching funds for October 2005 federal disaster assistance from the United States Department of Agriculture, National Resource Conservation Service.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
07-0240
05/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seven
AN ACT relative to matching funds for federal disaster assistance for the October 2005 floods and making an appropriation therefor.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Appropriation; Matching Funds for the United States Department of Agriculture National Resource Conservation Service (USDA/NRCS) Disaster Assistance. In response to October 2005 flood damage, a sum not to exceed $500,000 is hereby appropriated to the department of safety, bureau of emergency management, for the fiscal year ending June 30, 2007, as the required state match for federal disaster assistance funds from USDA/NRCS. With prior approval of the fiscal committee, the department of safety, bureau of emergency management shall distribute the funds appropriated by this act to those municipalities and agencies that have been found eligible for such assistance by the USDA/NRCS. The funds shall be distributed pursuant to the following funding formula: federal funds shall be used for 75 percent of eligible costs and state funds shall be used for the remaining costs, except that the local municipality first shall pay a portion of such remaining costs, not to exceed 12.5 percent of its total eligible costs or $5,000, whichever is less. The governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated. Any unexpended funds shall lapse to the general fund on June 30, 2008.
2 Effective Date. This act shall take effect upon its passage.
LBAO
07-0240.0
Revised 01/31/07
HB 74 FISCAL NOTE
AN ACT relative to matching funds for federal disaster assistance for the October 2005 floods and making an appropriation therefor.
FISCAL IMPACT:
The Department of Safety states this bill would increase state general fund expenditures by $348,744, increase state restricted revenue and expenditures by $1,046,230, and increase local revenue by $1,394,974 in FY 2008. This bill would have no fiscal impact on county and local expenditures, or county revenue.
This bill appropriates $500,000 from the general fund to the Department of Safety, Division of Emergency Management in FY 2007 for the purposes of this act.
METHODOLOGY:
The Department of Safety states this bill appropriates funds to match federal disaster assistance from the United State Department of Agriculture National Resource Conservation Service (USDA/NRCS) for the October 2005 flood damage. This bill appropriates a sum not to exceed $500,000 as the required state match for federal assistance funds from USDA/NRCS. The Bureau of Emergency Management estimates that it would need $348,744 to cover the portion of the local match that may exceed 12.5% of the total eligible costs, or $5,000, whichever is less. Total eligible costs are estimated to be $1,394,974. The increase in state restricted revenue would then be $1,046,230 ($1,394,974 less $348,744). The increase in state restricted expenditures would be $1,046,230, and the increase in state general fund expenditures would be $348,744. Local revenue would increase by $1,394,974. The Bureau assumes if this bill were to pass it would be late in FY 2007, and therefore, all funds would be expended in FY 2008.