Bill > HB1151

This bill modifies existing New Hampshire law to clarify the financial responsibilities of city treasurers regarding conservation funds. Specifically, the bill adds language to state statutes that explicitly gives city treasurers the same custodial duties for conservation funds that town treasurers already have. Under the new provisions, a city treasurer will be responsible for holding conservation fund money and can only disperse those funds when authorized by a majority vote of the local conservation commission. The bill also maintains an existing requirement that before using conservation funds to purchase real property or contribute to property acquisition, the conservation commission must first hold a public hearing with proper legal notice. The changes will take effect 60 days after the bill's passage, which standardizes the financial management of conservation funds across different types of municipalities in New Hampshire.

Government Affairs

https://gc.nh.gov/bill_Status/billinfo.aspx?id=1551&inflect=2