This bill proposes an appropriation of funds to the Department of Safety to provide grants for infrastructure repairs in several towns affected by flooding from January storms. Specifically, the towns of Hampton, North Hampton, Rye, New Castle, Portsmouth, and Seabrook are to receive funding for repairs to areas damaged by the January 2024 floods. The sum of $1 is appropriated for the fiscal year ending June 30, 2024, and the governor is authorized to draw a warrant for this sum from the treasury, provided the money is not already allocated for other purposes. The act is set to take effect upon its passage.

The fiscal note attached to the bill indicates that there is no impact on state revenue, and the expenditures are limited to the $1 appropriation from the General Fund for the fiscal year 2024. There are no new positions authorized to implement the bill, and it does not provide additional funding beyond the $1 specified. The bill is designed to provide local revenue of $1 to the political subdivisions mentioned, with no additional local expenditures anticipated. The methodology clarifies that the bill's intent is to fund grants for the specified towns for infrastructure repairs needed due to the flooding in January 2024. No agencies were contacted for the analysis of this bill.