This bill provides an appropriation to the Department of Health and Human Services and the town of Hampstead to compensate for the loss in property tax revenue due to the state's acquisition of Hampstead Hospital. Specifically, the bill appropriates $154,000 in general funds for the fiscal year ending June 30, 2025, to be distributed to the town of Hampstead. The total amount to be distributed is $191,166, and the governor is tasked with determining if any discretionary funds from the American Rescue Plan Act of 2021 or other federal funds can be used for this purpose before utilizing the general funds. The governor is also authorized to draw a warrant for the necessary amount from the treasury.
The bill stipulates that if federal funds are insufficient, the remainder will be covered by general funds. There are no insertions or deletions indicated in the provided text. The act is set to take effect on July 1, 2024, and was enacted without the signature of the governor on July 27, 2024, in accordance with Article 44, Part II of the New Hampshire Constitution.