This bill establishes the Hampton Beach Master Plan Fund, which will be maintained separately from other funds and continually appropriated to the Hampton Beach area commission. The bill amends RSA 216-J:5 to include new provisions that allow for the deposit of all gifts, grants, donations, and any other funds appropriated to the commission. Additionally, it specifies that the fund will cover implementation expenses, the expenses of the commission and its commissioners, as well as operations and initiatives of the commission. The language also removes the previous mention of "or" in the context of donations.

Furthermore, the bill appropriates a total of $10,000 to the Hampton Beach Master Plan Fund, with $5,000 allocated for the fiscal years 2026 and 2027. The governor is authorized to draw these funds from the treasury as needed. The act is set to take effect on July 1, 2025, and it is noted that the funds in the Hampton Beach Master Plan Fund will not lapse into the general fund of the state. The fiscal impact indicates that there will be no revenue generated from this bill, but it will result in expenditures of $10,000 over the two fiscal years.

Statutes affected:
Introduced: 216-J:5