This bill appropriates a total of $30 million to the Department of Environmental Services for eligible wastewater infrastructure projects, with $15 million allocated for the fiscal year ending June 30, 2026, and another $15 million for the fiscal year ending June 30, 2027. The funds are designated for projects approved under RSA 486 before June 30, 2026, and are nonlapsing, meaning they will not expire at the end of the fiscal year. The governor is authorized to draw these funds from the state treasury as needed.
The bill does not create new positions or generate revenue but does indicate an indeterminable increase in expenditures for the state and local governments due to the funding of these projects. The appropriations are sourced from the General Fund, and while the bill allows for significant funding in the upcoming biennium, the actual financial impact will depend on the specific projects and their associated costs, which may extend over a payback period of twenty years or more. The act is set to take effect on July 1, 2025.