This bill proposes several changes to the management of state funds, specifically focusing on the state parks 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 It removes references to previously repealed funds and establishes a new account known as the Cannon Mountain Ski Account Fund, which will be funded by revenues from state-owned ski areas and other related sources. Additionally, the bill modifies the existing robotics education fund by capping its unobligated balance at $1,000,000 and stipulating that any excess funds will lapse into the general fund at the end of each biennium.
Furthermore, the bill restructures the state park fund by eliminating the separate accounts for state parks and state-owned ski areas, consolidating them into a single state park account. This account will continue to be nonlapsing and will receive revenues from various sources, excluding those associated with state-owned ski areas. The bill also repeals specific sections of the law related to fees and funds that are no longer in effect. The changes outlined in this bill are set to take effect 60 days after its passage.
Statutes affected: Introduced: 6:12, 188-E:24, 216-A:3-i
As Amended by the Senate: 6:12, 188-E:24, 216-A:3-i
Version adopted by both bodies: 6:12, 188-E:24, 216-A:3-i
CHAPTERED FINAL VERSION: 6:12, 188-E:24, 216-A:3-i
HB650 text: 6:12, 188-E:24, 216-A:3-i