New Hampshire House Bill HB297

New Hampshire 2023 Regular Session

• Report Pass: 2/27/23
• Introduced: 3/14/23
• Refer: 3/14/23
• Engrossed: 4/18/23
• Refer: 4/18/23
• Report Pass: 4/18/23
• Enrolled: 6/20/23
• Chaptered: 7/12/23
• Passed: 7/12/23

Caption

Relative to the state's dedicated funds review.

Impact

The implementation of HB 297 is expected to streamline the financial operations of certain state funds by reducing the bureaucratic reporting burden. By exempting these funds from regular review, the bill aims to enhance the efficiency of fund management within state agencies. However, it raises potential concerns regarding financial transparency and accountability, as exempting funds might reduce the level of scrutiny that these programs might otherwise face.

Summary

House Bill 297 proposes amendments to the current statutes regarding the review and reporting of dedicated funds within the state of New Hampshire. The bill establishes a clear list of funds and accounts that are exempt from the reporting and review requirements stipulated in RSA 6-12:e and RSA 6:12-j. This includes funds received by various state departments such as the lottery commission and the fish and game department, allowing certain funds to operate without the need for regular oversight.

Contention

Notable points of contention surrounding HB 297 include the repeal of specific funds such as the room and board scholarship fund and the cold case homicide unit fund. Critics may argue that the elimination of these funds could hinder important programs and services, raising questions about the priorities of state funding and whether sufficient resources are allocated to education and law enforcement. The balancing act between operational efficiency and public accountability will likely be a central theme in discussions on this legislation.