This bill proposes several changes to the management of state park and robotics education funds. It removes references to previously repealed funds and establishes a new account known as the Cannon Mountain Ski Account Fund, which will be funded by revenues from state-owned ski areas, including fees, services, and rentals. The bill also modifies the existing state park fund by eliminating the sub-account for state-owned ski areas and consolidating it into a single state park account. Additionally, it amends the Robotics Education Fund to cap its unencumbered balance at $1,000,000, with any excess funds lapsing into the general fund at the end of each biennium.

The bill includes specific insertions and deletions in the legal language, such as the establishment of the Cannon Mountain Ski Account Fund and the removal of the nonlapsing designation for the Robotics Education Fund. The changes aim to streamline the management of these funds and ensure that excess resources are redirected to the general fund, while also addressing the needs of the robotics education program. The fiscal impact of these changes is expected to be minimal, as the reallocation of funds is primarily administrative, and the Robotics Education Fund has been fully encumbering its budget without exceeding the new cap.

Statutes affected:
Introduced: 6:12, 188-E:24, 216-A:3-i
HB650 text: 6:12, 188-E:24, 216-A:3-i