Bill > HB650

This bill addresses three main areas of financial management for state funds. First, it creates a new Cannon Mountain Ski Account Fund, which will be a separate, non-lapsing account that receives all revenues from state-owned ski areas, including fees, services, rentals, lift operations, retail sales, and concession profits. Second, the bill modifies the State Park Fund by removing the separate state-owned ski area account, effectively consolidating these funds. Third, the bill changes the Robotics Education Fund by implementing a cap of $1,000,000 on unobligated balances, with any excess funds automatically lapsing into the general fund at the end of each two-year budgetary period (biennium). Additionally, the bill repeals references to two previously established funds: fees collected under RSA 310-B:21 and the advanced manufacturing education fund under RSA 188-E:23-a. These changes are primarily administrative in nature, designed to streamline fund management and ensure more efficient allocation of state resources. The bill will take effect 60 days after its passage, and according to the fiscal note, is not expected to have significant financial impact in the immediate future.

Budget and Finance

https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=0418&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB650