HB 394-FN – AS AMENDED BY THE HOUSE
6Mar2013… 0216h
2013 SESSION
03/10
HOUSE BILL 394-FN
AN ACT relative to transfer of funds by the liquor commission.
SPONSORS: Rep. D. McGuire, Merr 21
This bill eliminates the liquor commission’s exemption from certain statutory requirements when transferring funds.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
6Mar2013… 0216h
13-0266
03/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Thirteen
AN ACT relative to transfer of funds by the liquor commission.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Liquor Commission Fund Transfers. Amend RSA 176:16, V to read as follows:
V. The commission may transfer funds totaling up to 5 percent of the commission’s operating budget in any fiscal year for any specific purposes to funds for other purposes within and among the appropriations for the operation of the commission. The commission shall report annually 60 days after the close of each fiscal year to the fiscal committee of the general court all transfers accomplished under the provisions of this section, including the purpose of each transfer. The provisions of this section shall not be subject to RSA 9:16-a, and shall be subject to RSA 9:17-a[,] and RSA 9:17-c.
2 Effective Date. This act shall take effect July 1, 2013.
LBAO
13-0266
Amended 03/13/13
HB 394 FISCAL NOTE
AN ACT relative to transfer of funds by the liquor commission.
FISCAL IMPACT:
The Liquor Commission states this bill, as amended by the House (Amendment #2013-0216h), may decrease state general fund revenue and increase state expenditures by an indeterminable amount in FY 2014 and each year thereafter. There is no fiscal impact on county and local revenue or expenditures.
METHODOLOGY:
The Liquor Commission states this bill makes changes to the Commission’s transfer authority of funds. This bill will require that the Commission provide the purpose of each transfer when providing its annual report on transfers and no longer exempts the Commission from RSA 9:17-a and RSA 9:17-c. The Commission states limiting the transfer of funds may impact the Commission’s ability to implement revenue enhancing programs, such as the “Outlet Price Busters” marketing campaign the resulted in additional sales of over $2 million in a four month period. Additionally, the Commission states this bill may result in delaying necessary repairs, relocations and renovations that may result in additional future maintenance and repair costs.