This bill amends existing law to allow municipal forest committees or conservation commissions to identify and offer surplus funds from the special forest maintenance fund to their respective municipalities. Specifically, it introduces new provisions that enable these committees or commissions to propose the surplus for deposit into the municipal unreserved fund balance, contingent upon a majority vote. The legislative body of the municipality must then vote to accept this surplus for deposit.
The bill modifies RSA 31:113 by inserting language that permits the fund expending authority to determine the existence of a surplus in the special forest maintenance fund, which was not previously addressed. The new legal language clarifies the process for offering this surplus and ensures that the municipality's legislative body has the final say in accepting the funds. The act is set to take effect 60 days after its passage.
Statutes affected: Introduced: 31:113
As Amended by the House: 31:113
As Amended by the Senate: 31:113